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Announcement Regarding a Change in the Ownership of Shares in United Wire Factories Company
| Element List | Explanation |
|---|---|
| Announcement Detail | United Wire Factories Company would like to inform its valued shareholders and the investing public that it was officially notified on 28 July 2026 that the shareholder, Mr. Mohammed bin Rashid Mohammed Al-Rasheed, has transferred 2,200,000 of his shares in the Company's share capital. According to the notification received, ownership of these shares has been transferred to his son, Mr. Rashid bin Mohammed bin Rashid Mohammed Al-Rasheed, as part of a private family arrangement for the transfer of ownership between ascendants and descendants. The Company confirms that this share transfer will have no impact on its day-to-day operations or its operational strategy. |
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 18.14
Net Change 0.0 (0.0%)
Value Traded (Sar) 488,764.6
Volume Traded 26,887
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