Riyadh Cables Shareholder Transfers 9 Million Shares

RIYADH CABLES

RIYADH CABLES

4142.SA

0.00

On May 20, 2026, Riyadh Cables Group Company announced it received notification from major shareholder Mr. Ahmad Samer bin Hamdi Alzaim regarding his intention to transfer 9 million shares (representing 6% of total company shares) from his personal portfolio to Ahmad Samer Hamdi Alzaim Company, a closed joint stock company he owns at 99.99%. The transfer is part of a reorganization and restructuring of his ownership between his personal and corporate portfolios, resulting in a change to the company's major shareholders list.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95528&anCat=1&cs=4142&locale=ar

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.

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