Correction announcement from Saudi Vitrified Clay Pipe Co. in regards to Saudi Vitrified Clay Pipe Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

Monday, 11 August 2025

 

Element ListExplanation
Date of Publishing the Previous Announcement Sought to be Corrected on Saudi Exchange’s Website 2024-08-22 Corresponding to 1446-02-18
Hyperlink to the Previous Announcement Click Here
Incorrect statements in the previous announcement With reference to the announcement of Saudi Vitrified Clay Pipe Co. published on the Tadawul website on Tuesday 03/02/1446 AH corresponding to 07/08/2024 AD regarding the Board of Directors’ recommendation to increase the company’s capital by the amount of SAR 80 Million, by offering the right issues, the company would like to announce to its shareholders the appointment of the financial advisor to manage subscription to right issues.
Correct Statement With reference to the announcement of Saudi Vitrified Clay Pipe Co. published on the Tadawul website on Tuesday 03/02/1446 AH corresponding to 07/08/2024 AD regarding the Board of Directors’ recommendation to increase the company’s capital by the amount of SAR 80 Million, by offering the right issues, the company would like to announce to its shareholders the appointment of the financial advisor to the rights issue.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.