ProMedEx Submits SAR 70M Rights Issue Application

PRO MEDEX

PRO MEDEX

9574.SA

0.00

Professional Medical Expertise Company (ProMedEx) announced on July 1, 2026 that it has submitted an application file to the Capital Market Authority for approval to increase the company's share capital through a rights issue. The application, submitted on June 30, 2026, seeks to raise SAR 70,000,000 through the rights offering. This follows the board of directors' recommendation announced on October 1, 2025 to proceed with the capital increase via rights issue shares.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96549&anCat=1&cs=9574&locale=ar

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