Riyadh Cables Group Co. — Major Shareholding Notification 2025

Oct 28, 2025

Riyadh Cables Group Company Announcement Regarding the Receipt of a Letter from One of Its Major Shareholders Concerning the Transfer of 2.55 Million Shares to a Personal Portfolio

4142 · 28/10/2025 17:02:55 · Announcement #91011 · View on Saudi Exchange

Riyadh Cables Group Company Announcement Regarding the Receipt of a Letter from One of Its Major Shareholders Concerning the Transfer of 2.55 Million Shares to a Personal Portfolio

Element List	Explanation
Announcement Detail	Riyadh Cables Group Company announces that it has received a letter from its shareholder, Afaq Al-Hikma Development Company (a company 100% owned by Mr. Hikmat Saadeddin Al-Zaim), being one of the Company’s major shareholders holding 6.667% of its shares.

The letter stated the shareholder’s intention to transfer 2,550,000 shares (representing 1.7% of the total shares of Riyadh Cables Group Company) from its investment portfolio to the personal portfolio of Mr. Hikmat Saadeddin Al-Zaim, for the purpose of restructuring between the two portfolios.

This transfer will result in a change in the ownership percentage of one of the major shareholders of Riyadh Cables Group Company.

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.