AME transfers part of Ezdihar Al-Oula stake to partners

Logo of AME Company for Medical Supplies

AME Company for Medical Supplies completed, on May 24, the transfer of 10.2% of its 714,290 shares in Ezdihar Al-Oula Medical Co. to current partners’ investment portfolios.

In a statement to Tadawul, AME pointed out that this step resulted in a change in the list of its major shareholders on Tadawul.

AME received on April 11 a letter from major shareholder Ezdihar Al-Oula, noting the company’s intention to transfer a part of its 714,290 shares in AME, or 10.2% of AME’s total share capital, to Ezdihar Al-Oula current partners’ investment portfolios, Argaam earlier reported.

Ezdihar Al-Oula was AME’s major shareholder with a 21.43% stake.