| Element List | Explanation |
|---|---|
| Introduction | Further to the earlier announcement in Tadawul dated 16th March 2021, Almarai Company hereby announces the completion of the acquisition of 100% of the shares of Bakemart UAE and Bakemart Bahrain. for an Enterprise Value of AED 93.5 million. |
| Previous Announcement | Almarai Company Announces the conclusion of the Sale and Purchase Agreement with the shareholders of Bakemart to acquire 100% of the shares in Bakemart UAE and Bakemart Bahrain. |
| Date of Previous Announcement on Tadawul's Website | 2021-03-16 Corresponding to 1442-08-03 |
| Percentage of fulfilled achievement | 100% |
| Event's Expected Completion Date | 12-01-2022 |
| Reasons for Exceeding the Announced End Date | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Impact of the Delay on the Company's Financial Results | N/A |
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