On August 5, 2026, Saudi Fisheries Company announced that its Board of Directors is inviting shareholders to attend an Extraordinary General Assembly Meeting (First Meeting) to be held virtually via the Tadawulaty system on September 2, 2026, at 8:00 PM. The primary agenda item is a vote on the Board's recommendation to increase the company's capital by 500%, from SAR 66,986,040 (6,698,604 ordinary shares) to SAR 401,916,240 (40,191,624 ordinary shares), representing a total increase of SAR 334,930,200 through the offering of 33,493,020 priority rights shares, with the purpose of enabling the company to implement its strategic plans and support future activities. Shareholders will also vote on the election of a new Board of Directors for a three-year term commencing October 25, 2026, and ending October 24, 2029. Remote e-voting will be available from August 30, 2026, until the conclusion of the meeting via www.tadawulaty.com.sa.

Original announcement:

Attached PDF document link:

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.