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Arab Sea Information System Co. Announces that it has received a letter from a major shareholder and board member, Mr. Mohammed Saleh Al Suhaibani

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Announcement Detail Arab Sea Information Systems Company announces that it has received a letter on 17 Dhul Qi'dah 1443 corresponding to June 16, 2022 From one of the major shareholders and a member of the Board of Directors, Mr. Mohammed Saleh Al-Suhaibani, who owns 14.001% of the company’s shares, in which he stated his commitment not to dispose of his shares, whether by sale or transfer in any way, for two years from its date, knowing that there is no financial impact on the company.

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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