| Introduction | Allied Cooperative Insurance Group announces that it has received, on Wednesday, 04-03-1447 AH corresponding to 27-08-2025 AD, the approval of the Insurance Authority to increase the company's capital from 291,000,000 Riyals to 300,000,000 Riyals by issuing 900,000 ordinary shares and an amount of 9,000,000 Riyals, And Diar Al-Arabia Investment Company will subscript for all new shares. The approval is valid for one year from its date, which is 04-03-1447 AH corresponding to 27-08-2025 AD, provided that the company fulfills all the requirements of other official authorities. |
| Previous Announcement | Allied Cooperative Insurance Group Announces the Board's Recommendation to Increase the Capital by Offering Shares with Suspension of Rights Issue Shares |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-07-27 Corresponding to 1447-02-02 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | Not applicable |
| Reasons For The Delay on The Date of The Event Previously Announced | Not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | To be determined later |
| Delay consequences on the Company’s financial results | Not applicable |
| Additional Information | Any future developments will be announced if available |
