Raydan Food Co. — Capital/Financing Update 2021

Jun 22, 2021

Raydan Food Company Announces the publication of a prospectus for the rights issue shares

6012 · 22/06/2021 15:55:17 · Announcement #63847 · View on Saudi Exchange

Raydan Food Company Announces the publication of a prospectus for the rights issue shares

Element List

Explanation

Announcement Detail

With reference to the Capital Market Authority’s approval to increase the capital of Raydan Food Company by an amount of 112,500,000 Saudi Riyals on May 02, 2021 AD through the issuance of priority rights shares, and in the desire of Raydan Food Company to provide information related to the offering before the convening of the Extraordinary General Assembly, which will be held, on At 8:30 on Tuesday 13 July 2021 AD at the company's headquarters in Jeddah, and through the means of modern communication (remotely), to approve the increase in the capital, determine the offering price and amend the articles of association, The company wishes to announce to its shareholders and the public that the prospectus for issuance of priority rights shares is available, attached below, and published on the CMA website.

Note that the offering of priority rights shares under this prospectus depends on the shareholders ’approval in the extraordinary general assembly meeting referred to above. Attached Documents  

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.