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Electric Industries Company announces that it has received a letter from one of its major shareholders regarding the transfer of part of its shares to affiliated companies
| Element List | Explanation |
|---|---|
| Announcement Detail | Electrical Industries Company announces that today, Thursday, 23-07-2026, it has received a letter from AJDA Industrial Services Company (“the Shareholder”), one of the major shareholders who owns 18.75% of its shares, stating that it has transferred 42,184,504 share from its holdings to investment portfolios of affiliated companies owned by the same shareholder. This action is part of reorganizing the internal ownership structure. Accordingly, the aforementioned transfer has resulted in a change in the shareholding percentage of a major shareholder in Electrical Industries Company on Tadawul website. |
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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