Announcement Details

The National Agricultural Development Company (NADEC) announces that it has received a letter from one of the shareholders who owns more than (5%) of the company's capital expressing the shareholder's intention to transfer ownership of shares of the company's shares

2023-09-18 15:26:46

Element List	Explanation
Announcement Detail	The National Agricultural Development Company (NADEC) announces that it has received a letter from The Saudi Agricultural and Livestock Investment Company (SALIC) one of the main shareholders who owns more than (5%) of the company’s capital on 03/03/1445 AD corresponding to 18/09/2023 AH Regarding SALIC Company's intention to complete the process of transferring ownership of shares owned indirectly and depositing them in their direct investment portfolio, totaling (6,290,000) six million, two hundred and ninety thousand shares representing (6.19%) of NADEC's shares. This will result in SALIC Company's total ownership in NADEC to be (38.65%) of the capital. In case of any inquiries, please contact with the department of Investor Relations on: Telephone No: 0112027830 Email: IR@nadec.com.sa

Element List

Explanation

Announcement Detail

The National Agricultural Development Company (NADEC) announces that it has received a letter from The Saudi Agricultural and Livestock Investment Company (SALIC) one of the main shareholders who owns more than (5%) of the company’s capital on 03/03/1445 AD corresponding to 18/09/2023 AH Regarding SALIC Company's intention to complete the process of transferring ownership of shares owned indirectly and depositing them in their direct investment portfolio, totaling (6,290,000) six million, two hundred and ninety thousand shares representing (6.19%) of NADEC's shares. This will result in SALIC Company's total ownership in NADEC to be (38.65%) of the capital. In case of any inquiries, please contact with the department of Investor Relations on: Telephone No: 0112027830 Email: IR@nadec.com.sa

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