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Ataa Educational Company announces the latest developments of Ataa Educational Company's announcement that its subsidiary (Arab Group for Education and Training Company) has signed an agreement to purchase all shares in Al Yasmeen International Company at a value of 18.3 million .

4292
ATAA
-0.25 %
1444/11/03     23/05/2023 09:59:12

Element ListExplanation
Introduction Further to the announcement of Ataa Educational Company (the “Company”) on 09/04/1444 AH (corresponding to 03/26/2023 AD) that its subsidiary (Arab Group for Education and Training Holding Company) signed an agreement to purchase all shares in Al Yasmeen International Company, hereby announces to its shareholders the issuance of the General Authority for Competition’s decision on 05/21/2023 AD not to object to the completion of the purchase transaction, so that the ownership of the Arab Group for Education and Training Holding Company becomes 100% for Al-Yasmine International Company.
Previous Announcement Ataa Educational Company announces the signing of its subsidiary company (Arab Group for Education and Training Company) an agreement to purchase all shares in Al-Yasmine International Company at a value of 18.3 million
Date of Previous Announcement on Tadawul's Website 2023-03-26 Corresponding to 1444-09-04
Percentage of fulfilled achievement N/A
Event's Expected Completion Date After convening and approval of the company's general assembly
Reasons for Exceeding the Announced End Date N/A
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A
Impact of the Delay on the Company's Financial Results N/A

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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