Ownership details will be updated on the Saudi Exchange following the transaction in accordance with applicable regulations
Alamar Foods Co. said Abdulaziz AlJammaz Brothers Co. is intending to transfer the ownership of 435,000 shares it holds in the company to AlJazl Investment Co., as a donation without any financial consideration, according to a statement to Tadawul. 
AlJazl Investment is a registered single-person firm, serving as the dedicated commercial and investment vehicle for the Charitable Endowment of the sons of Ibrahim Abdulaziz AlJammaz, the statement added.
Abdulaziz AlJammaz Brothers Company holds 57.613% of Alamar Foods.
This transaction will result in a change on the shares owned by Abdulaziz AlJammaz Brothers Company in the Company, and the ownership details will be updated on the Saudi Exchange – Tadawul website in accordance with the applicable rules and regulations.
According to Argaam data, Abdulaziz AlJammaz Brothers’ current ownership now stands at 55.91%, representing around 14.26 million shares of Alamar’s 25.5 million shares.
Ownership details will be updated on the Saudi Exchange following the transaction in accordance with applicable regulations
Alamar Foods Co. said Abdulaziz AlJammaz Brothers Co. is intending to transfer the ownership of 435,000 shares it holds in the company to AlJazl Investment Co., as a donation without any financial consideration, according to a statement to Tadawul.
AlJazl Investment is a registered single-person firm, serving as the dedicated commercial and investment vehicle for the Charitable Endowment of the sons of Ibrahim Abdulaziz AlJammaz, the statement added.
Abdulaziz AlJammaz Brothers Company holds 57.613% of Alamar Foods.
This transaction will result in a change on the shares owned by Abdulaziz AlJammaz Brothers Company in the Company, and the ownership details will be updated on the Saudi Exchange – Tadawul website in accordance with the applicable rules and regulations.
According to Argaam data, Abdulaziz AlJammaz Brothers’ current ownership now stands at 55.91%, representing around 14.26 million shares of Alamar’s 25.5 million shares.
