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Signing the Restructuring Agreement
May 17, 2018 - 09:57AM Company : NATIONAL SECURITIES

We would like to inform you that the signing of the restructuring agreement has been completed yesterday 16/05/2018 between:

First Party: National Securities Company SAOG represented by the Board of Directors

Second Party: A group of major shareholders of the company

Third Party: Celebrity Global General Trading Co. represented by its Chairman Dr. Jalal Bin Saleh Al Hadrami.

This will be followed by the transfer of ownership of the shares from the second party to the third party, whose ownership will become 51% of the total shares of the company after obtaining the necessary approvals from CMA.