On June 14, 2026, Derayah Financial Co. announced that the Extraordinary General Assembly of D360 Bank has approved a capital increase from SAR 2,100,000,000 to SAR 2,916,666,670, representing a 38.89% increase. The capital raise will be executed through the issuance of 72,916,667 new ordinary shares at SAR 20.57 per share, generating SAR 1,499,895,840 in proceeds, plus an additional 8,750,000 shares for the Employee Stock Ownership Plan funded by SAR 87,500,000 from the capital increase proceeds. Derayah, which currently holds a 20.4% stake in D360 Bank, will invest SAR 100,000,000 in the capital increase and expects its ownership to reach 16.35% upon completion. The proceeds will support D360's growth expansion, particularly in lending portfolio development and product enhancement within Saudi Arabia's consumer and SME finance markets.

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Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.