| Element List | Explanation |
|---|---|
| Introduction | With reference to the Company’s announcement published on the Saudi Exchange (Tadawul) website on 24/03/2026 regarding the signing of a share purchase agreement to acquire a 50% stake in JACO Gases, for a total consideration of SAR 125,000,000, following a 100% capital increase in JACO Gases. The Company announces that the General Authority for Competition has issued its no-objection on 28/04/2026 in relation to the economic concentration transaction for the acquisition of a 50% equity interest in JACO Gases (a limited liability company). The Company is currently completing the remaining relevant regulatory procedures necessary to finalize the transaction. |
| Previous Announcement | The National Gas and Industrialization Holding Company announces the signing of an equity interest purchase agreement to acquire 50% of the share capital of JACKO Gases, following the capital increase, for a total value of SAR 125,000,000. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-03-24 Corresponding to 1447-10-05 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The General Authority for Competition issues its no-objection to the completion of the economic concentration transaction for the acquisition of 50% of JACO Gases. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A. |
| Additional Information | The Company will announce upon completion of the transaction. |
