Gulf Union Al Ahlia Cooperative Insurance Co. Announces Appointment of Financial Advisor to Manage Underwriting of Rights Issue

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Gulf Union Al Ahlia Cooperative Insurance Co. Announces Appointment of Financial Advisor to Manage Underwriting of Rights Issue

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Explanation

introduction

With reference to the announcement of Gulf Union Al Ahlia Cooperative Insurance Co. on 20/10/2021 corresponding to 14/03/1443 H concerning the recommendation of the board of directors to increase the capital by issuing subscription rights, the Company announces the appointment of Falcom Financial Services as a financial advisor to manage the subscription of Capital Increase

Name of financial advisor

Falcom Financial Services

Date of appointment of financial advisor

2021-10-31 Corresponding to 1443-03-25

Additional information

The announcements will be made later when the capital increase request is submitted to the Autorité des Marchés de Capitaux for approval, and for any future development once they become available and must be announced.

The Capital Market Authority and the Saudi Stock Exchange assume no responsibility for the content of this disclosure, make no representation as to its accuracy or completeness, and expressly disclaim all liability for any loss resulting from, or incurred in doing so. basis on, any part of this disclosure, and the Issuer accepts full responsibility for the accuracy of the information contained therein and confirms, after making all reasonable inquiries, that to its knowledge, there is no other fact or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Disclaimer

Gulf Union SJSC Cooperative Insurance Company published this content on October 31, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 31 October 2021 13:06:03 UTC.

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