| Introduction | Further to the previous announcement of First Milling Company dated 16/09/2025G corresponding to 24/03/1447H regarding the signing of a binding agreement to acquire 60% of the share capital of Al-Kenan Al-Arabia Trading Company (a single-person limited liability company), First Milling Company (the “Company”) announces the completion of the acquisition and the transfer of ownership in favor of the Company. The transaction was completed after fulfilling all agreed conditions and obtaining all necessary regulatory approvals. |
| Previous Announcement | First Milling Company Announces the Signing of a Binding Agreement to Acquire (60%) in Share Capital of Al-Kenan Al-Arabia Trading Company a Single-Person Limited Liability Company |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-09-16 Corresponding to 1447-03-24 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The acquisition procedures have been completed, and ownership has been transferred following fulfillment of all agreed conditions and receipt of the required regulatory approvals. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | The acquisition cost remains SAR 48 million, as previously disclosed, and no changes have been made to it. |
