| Element List |
Explanation |
| Introduction |
Further to the announcement of Ataa Educational Company (the “Company”) on 05/01/1445 AH (corresponding to 23/07/2023 AD) that its subsidiary (Arab Group for Education and Training Holding Company) signed an agreement to purchase all shares in Glory Generation International School Company. hereby announces to its shareholders the issuance of the General Authority for Competition’s decision on16/03/1445AH - 01/10/2023 AD not to object to the completion of the purchase transaction, so that the ownership of the Arab Group for Education and Training Holding Company becomes 100% for Glory Generation International School Company . |
| Previous Announcement |
Ataa Educational Company announces the signing of its subsidiary company (Arab Group for Education and Training Company) an agreement to purchase all shares in Glory Generation International School Company at a value of 3.850.000 million |
| Date of Previous Announcement on Tadawul's Website |
2023-07-23 Corresponding to 1445-01-05 |
| Percentage of fulfilled achievement |
N/A |
| Event's Expected Completion Date |
N/A |
| Reasons for Exceeding the Announced End Date |
N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. |
N/A |
| Impact of the Delay on the Company's Financial Results |
N/A |
| Additional Information |
The financial impact of the deal will be visible on the financial results of the fiscal year ending on 31-07-2023 |
Comments