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Announcement from The Saudi Exchange Regarding the Trading Suspension on Hail Cement Co. Shares.

In reference to Hail Cement Co. announcement on the Saudi Exchange website on 05/12/1445H corresponding to 11/06/2024 regarding the Company's EGM approval of the offer submitted by Qassim Cement Co. to acquire shares of Hail Cement Co. shareholders through securities exchange offer.
The Saudi Exchange announces the trading suspension on Hail Cement Co. shares in the Saudi Exchange starting today Tuesday 05/12/1445H corresponding to 11/06/2024 to commence delisting procedures of the company’s shares. Furthermore, the Securities Depository Center (Edaa) will announce the implementation of the increase in the quantity of Qassim Cement Co.  shares and the deposit of the new shares in the Center’s Accounts of all eligible Hail Cement Co. shareholders after two business days from the Company's EGM approval and up to 6 business days as per the Exchange and Center Procedures.

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