| Element List | Explanation |
|---|---|
| Introduction | Al Gassim Investment Holding Company announces the Board of Directors' recommendation to increase the company's capital through right issues. |
| Date of Board Meeting | 2026-01-01 Corresponding to 1447-07-12 |
| Target Amount | SAR 300,000,000 |
| Reasons for the increase | Implementing the company's strategic plans and supporting its future activities. |
| Eligibility date | The right shall be for shareholders who own shares on the date of the Extraordinary General Assembly meeting that decided to increase the capital through right issues and whose names appear in the Issuer’s Shareholders' register at the Depository Center at the end of the second trading day following the date of the assembly. |
| Approvals | Approval of the relevant regulatory authorities and the Extraordinary General Assembly. |
| Appointment of Financial Advisor and Submission of the Capital Increase Application File to CMA | The appointment of the financial advisor for the Rights Issue and the submission of the Capital Increase application file to the CMA will announced later. |
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