| Element List | Explanation |
|---|---|
| Introduction | In reference to the announcement by Maharah Human Resources Company (“Maharah”) dated 01/07/1447H (corresponding to 21/12/2025G) regarding the signing by its wholly-owned subsidiary, Growth Avenue Investments Company (a single shareholder company), a limited liability company wholly-owned by Maharah Human Resources Company (a listed joint stock company) (“Growth Avenue”), of an agreement to sell all shares it owns in Care Shield Holding Company (Kingdom Hospital and Consulting Clinics) (“Care Shield”), which represents 41.36% of the share capital of Care Shield (the “Transaction”). Maharah hereby announces that the Transaction has been completed after the fulfillment of its conditions, and the shares in Care Shield have been transferred from Growth Avenue to Dallah Healthcare in the shareholders’ register, and Growth Avenue has received from Dallah Healthcare the cheque representing the cash consideration due under the Transaction. |
| Previous Announcement | Maharah Human Resources Company Announces the Sale of Its Entire Stake in Care Shield Holding Company (Kingdom Hospital and Consulting Clinics) for a total consideration of SAR 434,311,080 |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-12-21 Corresponding to 1447-07-01 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Transaction has been completed after the fulfillment of its condition and the transfer of shares in Care Shield has been transferred from Growth Avenue to Dallah Healthcare in the shareholders’ register. In addition, Growth Avenue has received from Dallah Healthcare the cheque representing the cash consideration due under the Transaction. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | Not applicable. |