Saudi news

The Impact Financial Private Equity Fund approves the transfer of its “Jahez” shares to unitholders

Jahez International for Information Systems Technology “Jahez” announced that it had received a letter from Impact Financial Company, in their capacity as manager of the Impact Financial Private Equity Fund, stating the fund’s intention to distribute “Jahez” shares owned by the fund.

The company said in a statement on “Tadawul Saudi Arabia”, today, Thursday, that the number of shares to be distributed is 3.28 million shares, representing 31.288% of the shares of Jahez Company.

And she continued: “The shares will be deposited in the investment portfolios of the fund’s unit owners, after lifting the ownership restriction on the company’s major shareholders, which will result in a change in the list of senior owners in the company.”

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