With reference to the announcement made by Allianz Saudi Fransi Cooperative Insurance Company dated 5th of Jun 2018 regarding the recommendation of the Board to increase the company's capital through right issue subject to regulatory approvals. The company announces the appointment of Arab National Investment Company (ANB Invest) dated 10-07-2018 as a Financial Advisor on the rights issue transaction mentioned above.
Thus, The Company will announce subsequently any other significant future events in this regard.