| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Allied Cooperative Insurance Group published on Tadawul website on Thursday 04/04/1445H corresponding to 19/10/2023G regarding the Board of Directors' recommendation to increase the Company's capital through a rights issue, the Company would like to announce to its valued shareholders that it has appointed the Financial Advisor to manage the subscription of Rights Issue Shares. |
| Name of Financial Advisor | Alistithmar for Financial Securities and Brokerage Company (Alistithmar Capital) |
| Financial Advisor Appointment Date | 2023-12-20 Corresponding to 1445-06-07 |
| Additional Information | The company will announce when submitting the capital increase file to the Capital Market Authority and any future developments that may occur. |
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.