Yanbu Cement Co. — Capital/Financing Update 2021

Feb 3, 2021

Yanbu Cement Co. Announces Appointment of a Financial Advisor for Capital Decrease

3060 · 03/02/2021 15:41:50 · Announcement #61830 · View on Saudi Exchange

Yanbu Cement Co. Announces Appointment of a Financial Advisor for Capital Decrease

Element List	Explanation
Introduction	With reference to the company's announcement in Tadawul dated 18 Jumada II 1442H corresponding to 31 January 2021 regarding the recommendation of Board of Directors to reduce the company’s capital, Yanbu Cement Company would like to announce the appointment of the financial advisor to manage capital reduction process.
Name of Financial Advisor	Alnefaie Investment Group
Financial Advisor Appointment Date	2021-02-03 Corresponding to 1442-06-21
Additional Information	The company will announce upon submitting capital reduction file to the Capital Market Authority and any future developments that may occur.

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.