Mohammed Hasan AlNaqool Sons Co. Announces the Capital Market Authority's approval of the company's request to increase its capital.

ALNAQOOLTadawulJune 10, 2026View on exchange

AI Summary

Mohammed Hassan Alnaqool Sons Company received Capital Market Authority (CMA) approval to increase its capital by 100% on June 9, 2026.
The company’s capital will double from SAR 29,000,000 to SAR 58,000,000 through the issuance of one bonus share for every one share held.
Eligibility applies to shareholders registered by the end of the second trading day following the upcoming General Assembly meeting, the date of which will be announced later.

Element List	Explanation
Announcement Detail	Mohammed Hassan Alnaqool Sons Company is pleased to announce to its valued shareholders that it has received approval from the Capital Market Authority (CMA) dated 23/12/1447 AH (corresponding to 09/06/2026 AD) for the company's request to increase its capital from SAR 29,000,000 to SAR 58,000,000, representing a 100% increase. This will be achieved by granting one (1) bonus share for every (1) existing share held by shareholders registered in the issuer's shareholder register at the Securities Depository Center at the close of trading on the second trading day following the date of the General Assembly meeting, which will be announced later, God willing. For further information or inquiries, please contact the Investor Relations Department via email at: Alnaqool@alnaqool.com

Element List

Explanation

Announcement Detail

Mohammed Hassan Alnaqool Sons Company is pleased to announce to its valued shareholders that it has received approval from the Capital Market Authority (CMA) dated 23/12/1447 AH (corresponding to 09/06/2026 AD) for the company's request to increase its capital from SAR 29,000,000 to SAR 58,000,000, representing a 100% increase. This will be achieved by granting one (1) bonus share for every (1) existing share held by shareholders registered in the issuer's shareholder register at the Securities Depository Center at the close of trading on the second trading day following the date of the General Assembly meeting, which will be announced later, God willing.

For further information or inquiries, please contact the Investor Relations Department via email at: Alnaqool@alnaqool.com