| Introduction |
With reference to Qassim Cement Company’s (the "Company") announcement published on the Saudi Exchange website on 09/09/2026 regarding the signing of a Share Sale and Purchase Agreement to acquire 100% of A-Mix Company’s shares, and the announcement of the latest developments published on 07/10/2026 regarding the General Authority for Competition’s no-objection to the completion of the economic concentration resulting from the transaction, the Company announces the completion of the acquisition transaction and the transfer of ownership of 100% of A-Mix Company’s shares to Qassim Cement Company. |
| Previous Announcement |
Announces the latest developments regarding the share sale and purchase agreement to acquire 100% of A-Mix company’s shares, represented by the issuance of the General Authority for Competition’s No-Objection. |
| Date of Previous Announcement on Saudi Exchange’s Website |
2026-10-07 Corresponding to 1448-04-26 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website |
Click Here |
| Latest Developments Of The Announced Event |
The acquisition of 100% of A-Mix Company’s shares has been completed, and ownership of all shares has been transferred to Qassim Cement Company. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
There is no change to the transaction consideration previously announced. |
| Additional Information |
Upon completion of the transaction, A-Mix Company has become a wholly owned subsidiary of Qassim Cement Company |
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