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Obeikan Glass Company announcement on the Latest developments regarding the Purchasing of All of The Shareholders' Shares in Obeikan AGC Company in the amount of 22,898,800.
4145
OGC
-0.99
%
1447/06/04 25/11/2025 15:37:22
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published on the Saudi Exchange (Tadawul) website on 2025-09-01 Corresponding to 1447-03-09 regarding the signing of the sale and purchase agreement for the acquisition of all partners’ shares in Obeikan AGC Company, Obeikan Glass Company is pleased to announce the successful completion and closing of the transaction. |
| Previous Announcement | Signing of the sale and purchase agreement for all partners’ shares in Obeikan AGC Company. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-09-01 Corresponding to 1447-03-09 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The transaction is complete as all contractual conditions and the necessary regulatory approvals in the Kingdom of Saudi Arabia has been obtained. Obeikan Glass Company is now the sole owner of Obeikan AGC Company. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | 22,898,800 No changes on the cost |
| Delay consequences on the Company’s financial results | There is none |
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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Last Price 23.1
Net Change -0.23 (-0.99%)
Value Traded (Sar) 1,228,152.73
Volume Traded 53,218
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