Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF) Announces the Effectiveness of the Merger Resolution | premargin

Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF) Announces the Effectiveness of the Merger Resolution

TadawulOctober 30, 2025View on exchange

Element List	Explanation
Announcement Detail	With reference to the announcement of The Mediterranean and Gulf Insurance and Reinsurance Company (“MEDGULF” or the “Company”) on 04/05/1447H (corresponding to 26/10/2025G) regarding the results of its extraordinary general assembly meeting which included the increase of the Company’s capital (the “EGM”) for the purpose of merging Buruj Cooperative Insurance Company into MEDGULF (the “Merger”), MEDGULF is pleased to announce the Effectiveness of the Merger Resolution as the procedures for updating the commercial register were finished on 8\5\1447H (corresponding to 30\10\2025G). MEDGULF will announce the deposit of the proceeds of the fraction shares resulting from the Merger to Buruj’s entitled shareholders, as set out in the Shareholders’ Circular published by MEDGULF on 06/04/1447H (corresponding to 28/09/2025G).

Element List

Explanation

Announcement Detail

With reference to the announcement of The Mediterranean and Gulf Insurance and Reinsurance Company (“MEDGULF” or the “Company”) on 04/05/1447H (corresponding to 26/10/2025G) regarding the results of its extraordinary general assembly meeting which included the increase of the Company’s capital (the “EGM”) for the purpose of merging Buruj Cooperative Insurance Company into MEDGULF (the “Merger”), MEDGULF is pleased to announce the Effectiveness of the Merger Resolution as the procedures for updating the commercial register were finished on 8\5\1447H (corresponding to 30\10\2025G).

MEDGULF will announce the deposit of the proceeds of the fraction shares resulting from the Merger to Buruj’s entitled shareholders, as set out in the Shareholders’ Circular published by MEDGULF on 06/04/1447H (corresponding to 28/09/2025G).