| Element List | Explanation |
|---|---|
| Introduction | Reference to BinDawood Holding Company’s announcement published on 07/04/2026 corresponding to 19/10/1447 regarding the acquisition of 51% of the shares in Vaza Food Company with a total transaction value SAR 217.9 million. Accordingly, the company is pleased to announce that it has obtained a non-objection certificate from the General Authority for Competition with respect to the completion of the economic concentration transaction relating to the Acquisition of Vaza Food Company on 03/05/2026 corresponding to 16/11/1447. |
| Previous Announcement | BinDawood Holding Company announces the signing of a Share Purchase Agreement for the acquisition of 51% of the shares in Vaza Food Company, valued at SAR 217.9 million. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-04-07 Corresponding to 1447-10-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The issuance of the General Authority for Competition non-objection certificate with respect to the completion of the economic concentration transaction through the Company’s acquisition of 51% of the share capital of Vaza Food Company. |
| Reasons For The Delay on The Date of The Event Previously Announced | Not Applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The company is investing an amount of SAR 217.9 million by acquiring 51% of the shares of Vaza Food Company. |
| Delay consequences on the Company’s financial results | Not Applicable |
| Additional Information | The Company will announce any other material development(s) in due course. |
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.