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Nahdi Medical Company announces that it has been notified by the Saudi Economic and Development Holding Company (SEDCO Holding) and Al Nahdi Holding Company regarding the completion of a deal to sell and buy shares in Nahdi Medical Company

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Announcement Detail Nahdi Medical Company (the "Company") announces that it has received notification from the Saudi Economic and Development Holding Company (“SEDCO Holding”) and Al Nahdi Holding Company, both of the Company's major shareholders, that they have entered into a share sale and purchase agreement on 10th of September 2024 where Nahdi Holding Company purchased (4,000,000) shares of Nahdi Medical Company, representing approximately (3.08%) of the capital of Nahdi Medical Company with a total transaction value of SAR (500,000,000), noting that the seller is Second Development Investment Company, a subsidiary company which is fully owned by the Saudi Economic and Development Holding Company (“SEDCO Holding”).

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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