Purity IT Calls EGM to Approve 33% Capital Increase

PURITY

PURITY

9614.SA

0.00

On August 27, 2026, Purity for Information Technology Company announced an invitation to its shareholders to attend the Fourth Extraordinary General Assembly Meeting (First Meeting) on September 22, 2026, at 8:00 PM, to be held in person at the company's headquarters in Riyadh's Al Narjis District and via modern technology. The primary agenda item is a vote on the Board's recommendation to increase the company's capital from SAR 15,000,000 to SAR 20,000,000 — a 33.33% increase — by granting one bonus share for every three shares owned, funded through the capitalization of SAR 5,000,000 from retained earnings. Shareholders will also vote on approving a one-time transaction between the company and Al Mazaya Al Shamela Company Business Services worth SAR 4,428, in which Chairman Mr. Faisal bin Abdullah bin Abdulaziz Al-Abdulsalam holds an indirect interest, as well as amendments to the Board remuneration policy and the company's Articles of Association.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97823&anCat=1&cs=9614&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_21-01-47_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_20-55-20_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_20-55-31_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_20-55-46_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_20-55-59_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/24793_6486_2026-08-26_20-56-14_en.pdf

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.