Naqi Water Company announced that it had received undertaking letters from the major shareholders not to dispose of the shares owned by them through sale, assignment or transfer in any way, for a period of one year.
The company said in a statement on “Tadawul Saudi Arabia”, today, Sunday, that it had received a letter from one of the major shareholders and Chairman of the Board of Directors, Amin bin Abdullah Al-Mallah, who owns 7 million shares, which constitutes 35% of the company’s total shares, stating his full commitment not to act. shares owned by him by sale, assignment or transfer in any way for a period of one year from the date of his speech.
In a related context, the company stated that it had received a letter from a major shareholder, Messrs. “United Saqi” Group, which owns 7 million shares, constituting 35% of the company’s total shares, stating its full commitment not to dispose of the shares owned by it through sale, assignment or transfer in any way. form and for a period of one year from the date of its letter.
The company added that there is no financial impact on the company.
