| Element List | Explanation |
|---|---|
| Introduction | With reference to the company's announcement on Tadawul website dated 02-12-1446 AH (corresponding to 29-05-2025 G) regarding the Board of Directors' recommendation to reduce the company's capital, |
Raydan Food Company would like to inform its shareholders that it has submitted a request for approval of the capital reduction to the Capital Market Authority on Thursday, 13-02-1446 AH (corresponding to 07-08-2025 G).
(158,084,670) Saudi riyals to Seventy-three million, one hundred thirty-six thousand, thirty (73,136,030) Saudi riyals, by canceling Eight million, four hundred ninety-four thousand, eight hundred sixty-four (8,494,864) shares of the company’s shares, representing a value of Eighty-four million, nine hundred forty-eight thousand, six hundred forty (84,948,640) Saudi riyals, for the purpose of restructuring the company’s capital to extinguish accumulated losses.
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.