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Development Works Food Co. Capital/Financing Update 2021

May 31, 2021

53467_rns_2021-05-31_7b9e0cb4-ddb3-4c73-acc2-8e87693ea264.html

Capital/Financing Update

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Development Works Food Co. Announces the submission of a capital increase request file by granting bonus shares to the Capital Market Authority for approval

6013 · 31/05/2021 15:50:20 · Announcement #63605 · View on Saudi Exchange

Development Works Food Co. Announces the submission of a capital increase request file by granting bonus shares to the Capital Market Authority for approval

Element List Explanation
Announcement Detail Further to the company's announcement published on the Tadawul website on 10/14/1442 H, corresponding to 05/26-2021 AD, regarding the recommendation of the Board of Directors to increase the company's capital by granting bonus shares.

Development Works Food Co. wishes to announce to the shareholders that the company today, Monday 10/19-1442 H, corresponding to 05/31-2021 AD, submitted a file to increase the company's capital by granting free shares to the Capital Market Authority for approval.

The company will announce any future developments in this regard in due course.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.