| Element List | Explanation |
|---|---|
| Introduction | Arabian Cement Company announces that its subsidiary, Arabian Cement Bahrain Holding Company had entered into shares swap agreement whereby its shareholding interest in Ready Mix Concrete and Construction Supplies Company in the Hashemite Kingdom of Jordan to be exchanged for the shareholding interest of 1) Ready Mix Concrete and Construction Supplies Company and 2) Al Rawsha company for trading and investment in Qatrana Cement Company, in addition Arabian Cement Bahrain Holding Company will receive cash consideration of JOD 3.233 million |
| Transaction Details | According to the agreement, which is subject to final approvals of regulatory bodies in the Hashemite Kingdom of Jordan, Arabian Cement Bahrain Holding Company's shareholding interest in Qatrana Cement Company should increase from 86.74% to 96.14%, an increase of 9.4% representing the current shareholding interests of "Ready Mix Concrete and Construction Supplies Company" and "Al Rawsha company for trading and investment" in Qatrana Cement Company collectively, in exchange for Arabian Cement Bahrain Holding Company's shareholding interest in Ready Mix Concrete and Construction Supplies Company amounting to 36.67% to the favor of "Ready Mix Concrete and Construction Supplies Company" and "Al Rawsha company for trading and investment", in addition Arabian Cement Bahrain Holding Company will receive cash consideration of JOD 3.233 million |
| Transaction Amount | Not applicable - Shares Swap agreement, in addition to cash consideration of JOD 3.233 million (approximately SAR 17 million) to the company's favor |
| Transaction Conditions | The transaction is subject to final approvals of regulatory bodies in the Hashemite Kingdom of Jordan and full adherence to the terms of the agreement by all parties |
| Parties of the Transaction | Arabian Cement Bahrain Holding Company Ready Mix Concrete and Construction Supplies Company Al Rawsha company for trading and investment |
| Transaction Financing Method | Shares Swap |
| Date of Entering Into The Transaction | 2025-12-29 Corresponding to 1447-07-09 |
| Description of Activity of The Asset Subject of The Transaction | Investments in cement industry, ready-mix and related products in the Hashemite Kingdom of Jordan |
| Asset Book Value | Book value of Arabian Cement Bahrain Holding Company's interest to be disposed of in Ready Mix Concrete and Construction Supplies Company according to reviewed interim condensed financial statements as at 30 September 2025: SAR 41.1 million . Book value of Arabian Cement Bahrain Holding Company's interest to be acquired in Qatrana Cement Company according to reviewed interim condensed financial statements as at 30 September 2025: SAR 67.5 million |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Available in the Company's financial statements. |
| Transaction reasons | Restructuring the company's ownership in international investments |
| Expected Impact of the Transaction on the Company and Its Operations | The final financial impact will be announced upon the completion of the transaction |
| Details of Using The Proceeds of the Asset Sale | Not applicable |
| Related Parties | Ready Mix Concrete and Construction Supplies Company - Al Rawsha company for trading and investment |