8200 · 25/12/2024 16:00:04 · Announcement #84357 · View on Saudi Exchange

Saudi Reinsurance Company announces the determination of the period of subscription to the new shares to increase capital with suspension of preemptive rights.

Element ListExplanation
Introduction With reference to the approval of the Capital Market Authority to increase the capital of Saudi Reinsurance Company (the "Company") by an amount of 267,300,000 Saudi riyals on 23/05/1446H (corresponding to 25/11/2024G) through share issuance with suspension of preemptive rights of the existing shareholders, and the Company’s announcement on the Tadawul website on 23/06/1446H (corresponding to 25/12/2024G) of the approval of the Company's extraordinary general assembly of the capital increase with suspension of preemptive rights.

The Company would like to announce the beginning of the subscription period for the Company’s new shares. New Shares Subscription Period Start Date 2024-12-26 Corresponding to 1446-06-25 New Shares Subscription Period End Date 2024-12-30 Corresponding to 1446-06-29 The website and the link for the Issue Prospectus related to increasing the capital by issuing shares with suspension of Rights Issue Shares https://cma.org.sa/en/Market/Prospectuses/Documents/Project_Eye_EN_Prospectus_Vf.pdf Additional Information The subscription is limited to the Public Investment Fund as provided in the prospectus.

The financial advisor, in consultation with the Company, may extend the offering period before its expiration, if the offering is not completed on the specified expiration date of the offering.

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.