BALADY POULTRY TRADING CO

The Capital Market Authority (“the Authority”) announces the issuance of the Authority’s Board of Directors’ decision on 04/06/1444 AH corresponding to 12/28/2022 AD, which includes approving the request of Baladi Poultry Trading Company (“the Company”) to register its shares for the purpose of direct listing in the Parallel Market. Trading of these shares will be limited to the categories of qualified investors stipulated in the list of terms used in the regulations and rules of the Capital Market Authority, and the registration document will be published well in advance of the listing date.

Qualified investors wishing to purchase the listed shares must investigate and study the information disclosed in the registration document. In the event that it is not possible to understand the contents of the registration document, it is preferable to consult an authorized financial advisor before making any investment decision.

Also, the Authority’s approval of the application should not be seen as an endorsement of the feasibility of investing in the shares of the concerned company, as the Authority’s decision to approve the application means that the statutory requirements have been complied with according to the Capital Market Law and its implementing regulations.​

The Authority’s approval of the application is valid for a period of (6) months from the date of the Authority’s Board’s decision, and the approval is considered canceled if the company’s shares are not completed during this period.