Knauf Announces Firm Intention for United Mining Tender Offer

UNITED MINING

UNITED MINING

9583.SA

0.00

On June 22, 2026, United Mining Industries Company announced on behalf of Knauf International GmbH that Knauf has declared its firm intention to make a tender offer to acquire up to 100% of the remaining shares of the Company. This announcement follows the completion of Knauf's Private Transaction that was previously disclosed on May 20, 2026. The tender offer will be conducted in accordance with Article 17(e) of the Merger and Acquisitions Regulations, with specific terms, conditions and procedures to be disclosed in the offer document upon publication.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96285&anCat=1&cs=9583&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/17316_4946_2026-06-22_15-59-49_en.pdf

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.