A8120 GULF UNION ALAHLIA-0.5 (-2.78 %)
1443/03/25 Sun Oct 31, 2021 15:40:33
Gulf Union Al Ahlia Cooperative Insurance Co. Announces the appointment of a financial advisor to manage the subscription of Rights Issue

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Introduction With reference to the announcement of Gulf Union Al Ahlia Cooperative Insurance Co. on 20/10/2021 Corresponding to 14/03/1443 H regarding the Board's Recommendation for Capital Increase by Offering Rights Issue, the Company announces the appointment of Falcom Financial Services as a financial advisor to manage the subscription of Rights Issue
Name of Financial Advisor Falcom Financial Services
Financial Advisor Appointment Date 2021-10-31 Corresponding to 1443-03-25
Additional Information Announcements will be made later upon submitting the request for capital increase to the Capital Market Authority for approval, and for any future developments once they are available and must be announced.

The Capital Market Authority and the Saudi Stock 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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Gulf Union Co-Operative Insurance Company SJSC published this content on 31 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2021 19:16:00 UTC.