Al Hammadi Holding Announces an update on acquiring 40% of Wareed Medical Company (a limited liability company).

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IntroductionWith reference to the Company’s announcement published on the Saudi Exchange (Tadawul) website dated 28/12/2025, regarding the receipt of the Non-Notification Certificate issued by the General Authority for Competition for the acquisition of a 40% stake in the share capital of Wared Health Company – a limited liability company,The Company announces the completion of the statutory procedures to amend the Articles of Association of Wared Medical Company with the Saudi Business Center, and the allocation of 40% of the equity interests in the share capital in favor of Al Hammadi Holding Company. The commercial registration of the company has also been amended by appointing two managers to the Board of Managers representing Al Hammadi Holding Company.Accordingly, Al Hammadi Holding Company has become the owner of 40% of the share capital of Wared Medical Company.
Previous AnnouncementReceipt of the Non-Notification Certificate Issued by the General Authority for Competition for the acquisition of a 40% stake in the share capital of Wared Health Company – a limited liability company.
Date of Previous Announcement on Saudi Exchange’s Website2025-12-28 Corresponding to 1447-07-08
Hyperlink to the Previous Announcement on the Saudi Exchange WebsiteClick Here
Latest Developments Of The Announced EventCompletion of Statutory Procedures The statutory procedures to amend the Articles of Association of Wared Medical Company have been completed with the Saudi Business Center, and 40% of the equity interests in the share capital have been allocated in favor of Al Hammadi Holding Company. The commercial registration has also been amended by appointing two managers to the Board of Managers representing Al Hammadi Holding Company. Accordingly, Al Hammadi Holding Company has become the owner of 40% of the share capital of Wared Medical Company.
The costs associated with the event, and if they have changed or not with indication of the reasons.The transaction is expected to have a positive impact on the Company’s profitability in the year of 2026 and subsequent years.

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Al Hammadi Holding Company boasts a 35-year-long track record of operational and medical excellence in kingdom of Saudi Arabia.

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