| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement of the United Wire Factories Co. on October 24, 2021 about signing a (non-binding) memorandum of understanding with Themar Food and Catering Co. for the possible acquisition of a share in the ownership of Themar Food and Catering Co. for a period of (90) days, renewable by agreement of the two parties, and its announcement on January 18, 2022 regarding Extension of the (non-binding) Memorandum of Understanding for a period of (60) days, subject to renewal with the agreement of the two parties, and its announcement on March 15, 2022 regarding Extension of the (non-binding) Memorandum of Understanding for a period of (45) days, subject to renewal with the agreement of the two parties,The company announces its agreement with Themar Food and Catering Co. in accordance with an appendix to the Memorandum of Understanding for the extension of the (non-binding) Memorandum of Understanding for a period of (30) renewable days between the two parties. |
| Previous Announcement | United Wire Factories Co. Announces an update on United Wire Factories Co. announces signing a Memorandum of Understanding with Themar for Food and Catering Company (Limited Liability Company). |
| Date of Previous Announcement on Tadawul’s Website | 2022-03-15 Corresponding to 1443-08-12 |
| Percentage of fulfilled achievement | not applicable |
| Event’s Expected Completion Date | not applicable |
| Reasons for Exceeding the Announced End Date | not applicable |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | not applicable |
| Impact of the Delay on the Company’s Financial Results | not applicable |
| Additional Information | not applicable |
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EXPLANATION
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