| Element List | Explanation |
|---|---|
| Introduction | Further to the company's announcement on the Tadawul website dated July 3, 2025, regarding the submission of the application to the Capital Market Authority (CMA) for a capital increase through a rights issue, based on the Board of Directors' recommendation dated February 9, 2025, to increase the company's capital by a total amount of SAR 334,930,200, The Saudi Fisheries Company wishes to inform its valued shareholders that the CMA issued a decision on April 29, 2026, approving the company's request to increase its capital by SAR 334,930,200. This approval is conditional upon the Extraordinary General Assembly's approval of the capital increase and the completion of all related regulatory procedures and requirements. |
| Date of Announcing the Application on Saudi Exchange’s Website | 2025-07-03 Corresponding to 1447-01-08 |
| Date of Submitting the File | 2025-07-02 Corresponding to 1447-01-07 |
| Application Status at CMA | On Wednesday, April 29, 2026, the Capital Market Authority issued its approval for the company's request to increase its capital by offering priority rights shares, increasing the company's capital by an amount of (334,930,200) Saudi Riyals. |
| Other Substantial Updates | The Authority issued its approval after the company fulfilled all the observations and requirements related to the capital increase file. The company will complete the necessary related procedures, including publishing the rights issue prospectus and calling for an extraordinary general meeting regarding the capital increase. |
| Additional Information | The company will announce any future developments in this regard in accordance with the relevant rules and regulations. |