Riyadh – Mubasher: Naseej International Trading Company has commenced the rights trading and new shares subscription period on 1 September 2026.

The company is seeking to increase its capital by 150% through the issuance of 16.34 million new ordinary shares at an offer price of SAR 10 per share, totaling SAR 163.46 million.

The rights trading period is scheduled to conclude on 8 September  2026, while the subscription period for the new shares will remain open until 13 September 2026.

This capital hike follows the approval granted during the Extraordinary General Meeting (EGM) held on 26 August 2026.

Eligibility is restricted to shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the assembly date.

Under the terms of the offering, eligible shareholders are granted 1.5 rights for every one share held.

The proceeds from the SAR 163.46 million issuance are earmarked for the settlement of bank loans, payments to suppliers, and supporting the company's future growth strategy.

Following the completion of the offering, the capital of Naseej International will increase from SAR 108.97 million to SAR 272.43 million.