United Wire Factories Shareholder Transfers 2.2M Shares to Son

ASLAK

ASLAK

1301.SA

0.00

On July 28, 2026, United Wire Factories Company announced a change in share ownership, disclosing that shareholder Mr. Mohammed bin Rashid Mohammed Al-Rasheed has transferred 2,200,000 of his shares in the Company to his son, Mr. Rashid bin Mohammed bin Rashid Mohammed Al-Rasheed, as part of a private family arrangement for the transfer of ownership between ascendants and descendants. The Company confirmed that this share transfer will have no impact on its day-to-day operations or its operational strategy.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97040&anCat=1&cs=1301&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.

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.

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