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Addendum Announcement From Derayah Financial Regarding the Occurrence of an Event to Derayah REIT "signing sale agreement to sell AlSharq Warehouses Complex"

4339
DERAYAH REIT
-0.82 %
1445/01/13     31/07/2023 15:29:30

Element ListExplanation
Introduction Derayah Financial announces completion of the sale process of the “AlSharq Warehouses Complex” and the transfer of the property from Derayah REIT to the buyer today 31/07/2023G as per the below:
Date of the Previous Announcement 2023-06-21 Corresponding to 1444-12-03
Hyperlink to the Previous Announcement Click Here
Change Details Further to Derayah Financial announcement published on 21/06/2023G, Derayah Financial would like to announce the completion of the sale process of the “AlSharq Warehouses Complex” as the legal and technical procedures were completed successfully and the property was transferred from Derayah REIT to the buyer.
The Impact Caused by the Change It is expected that the result of the sale will be positive on Derayah REIT’s financial performance in the second half of 2023.

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.

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Key Parameters
Last Price 7.27
Net Change -0.06 (-0.82%)
Value Traded (Sar) 497,638.57
Volume Traded 68,432
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