| Element List | Explanation |
|---|---|
| Introduction | Further to the company's announcement published on Tadawul website on 29-05-1445H corresponding to 13-12-2023G regarding the Board of Directors' recommendation to increase the company's capital by granting shares and the corrective announcement dated 04-07-1445H corresponding to 16-01-2024G, Al Hassan Ghazi Ibrahim Shaker Company would like to clarify that the Capital Market Authority has approved the Board of Directors' recommendation to increase the company's capital, as published on the Capital Market Authority website on 02-08-1445H corresponding to 12-02-2024G, and the grant is conditional on obtaining the approval of the official authorities and the General Assembly. Extraordinary on the capital increase and the number of shares granted. |
| Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2023-12-13 Corresponding to 1445-05-29 |
| Hyperlink to the Previous Announcement | Click Here |
| Change on the Development | Obtaining the approval of the Capital Market Authority to increase the Company's capital by bonus shares |
| Financial Impact on the change | Not applicable. |
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