On August 10, 2026, Savola Group announced the receipt of a letter dated August 9, 2026, from Al Muhaidib Holding Company — a substantial shareholder currently holding 6.36% of Savola's shares — notifying the company of its intention to reorganize and restructure its investment portfolios. The restructuring involves the transfer of 4,590,959 shares, representing 1.53% of Savola's share capital, from Al Muhaidib Holding Company's portfolio to that of Abdulkader Al Muhaidib & Sons Company, which currently holds 8.322% of Savola's shares. Upon completion of the transfer, Abdulkader Al Muhaidib & Sons Company's shareholding will increase to 9.85%, while Al Muhaidib Holding Company will no longer be classified as a substantial shareholder of Savola.

Original announcement:

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