| Element List | Explanation |
|---|---|
| Introduction | Alinma Capital Company, in its capacity as fund manager of the Alinma Retail REIT, announces that the Fund’s Board of Directors has approved the buy-back of the Fund’s units as follows |
| Date of the approval of the Fund’s Board of Directors | 2025-12-29 Corresponding to 1447-07-09 |
| Purpose of purchase | Treasury units which will be used in swap transaction in return of an asset, or to sell them in the future. |
The Fund’s Board of Directors believes that the current unit price is below its fair value.
• Proceeds from the sale of low yield assets.
• The Fund’s credit facilities.
• Excess cash flows of the Fund, as long as they do not affect the distributions.
- The purchase will be made through the Exchange, rather than a special transaction.
- Treasury units that the Fund may acquire will have no voting rights at the unit holders’ meeting, not shall it have entitlements to the Fund’s distributions
- The execution of the Fund’s unit purchase transactions depends on market conditions and the unit price; therefore, the purchase decision rests at the discretion of the Fund’s manager and is not binding
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.