Savola Group — Capital/Financing Update 2013

Nov 14, 2013

SAVOLA ANNOUNCES THE LATEST DEVELOPMENTS RELATING TO THE COMPLETION OF THE PROCEDURES OF THE ACQUISITION OF AL-MUHAIDIB HOLDING COMPANY SHARES IN SOME OF SAVOLA SUBSIDAIRES (ACQUISITION TRANSACTION)

2050 · 14/11/2013 08:34:04 · Announcement #32460 · View on Saudi Exchange

SAVOLA ANNOUNCES THE LATEST DEVELOPMENTS RELATING TO THE COMPLETION OF THE PROCEDURES OF THE ACQUISITION OF AL-MUHAIDIB HOLDING COMPANY SHARES IN SOME OF SAVOLA SUBSIDAIRES (ACQUISITION TRANSACTION)

With reference to the Savola Group (Savola) announcement on the Saudi Stock Exchange (Tadawul) on 5th November 2013 and 7th November 2013 regarding the results of the Extraordinary General Assembly Meeting (EGM) held on 4th November 2013 with regard to the acquisition transaction and capital increase, Savola would like to announce the completion of the statutory procedures related to the acquisition transaction and the Savola capital increase, where the commercial registration certificate of Savola has been amended to reflect the new Savola capital. The new shares of 33,980,684 have been deposited in the investment portfolio of Al-Muhaidib Holding Company by Tadawul.

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.