Ataa Educational Co. — Capital/Financing Update 2021

Apr 26, 2021

Ataa Educational Company announces the latest developments regarding the purchase deal of the Education International Schools LLC with a total value of 40 million riyals.

4292 · 26/04/2021 15:33:01 · Announcement #63019 · View on Saudi Exchange

Ataa Educational Company announces the latest developments regarding the purchase deal of the Education International Schools LLC with a total value of 40 million riyals.

Element List	Explanation
Introduction	Ataa Educational Company announces that the General Authority for Competition has issued its decision (with no objections) regarding the purchase of the Education International Schools Company, and Ataa will complete the purchase procedures and announce the completion of the deal in a timely manner.
Previous Announcement	Ataa Educational Company announces the purchase of the Education International Schools LLC with a total value of 40 million riyals.
Date of Previous Announcement on Tadawul's Website	2020-12-22 Corresponding to 1442-05-07
Percentage of fulfilled achievement	75%
Event's Expected Completion Date	The last quarter of the current fiscal year
Reasons for Exceeding the Announced End Date	N/A
The costs associated with the event, and if they have changed or not with indication of the reasons.	N/A
Impact of the Delay on the Company's Financial Results	N/A

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