| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published on the Saudi Exchange (Tadawul) website on 2025-09-01 Corresponding to 1447-03-09 regarding the signing of the sale and purchase agreement for the acquisition of all partners’ shares in Obeikan AGC Company, Obeikan Glass Company is pleased to announce the successful completion and closing of the transaction. |
| Previous Announcement | Signing of the sale and purchase agreement for all partners’ shares in Obeikan AGC Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-09-01 Corresponding to 1447-03-09 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The transaction is complete as all contractual conditions and the necessary regulatory approvals in the Kingdom of Saudi Arabia has been obtained. Obeikan Glass Company is now the sole owner of Obeikan AGC Company. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | 22,898,800 No changes on the cost |
| Delay consequences on the Company’s financial results | There is none |