Alinma Capital Company, in its capacity as fund manager of the Alinma Retail REIT, announces that the Fund’s Board of Directors has approved the buy-back of the Fund’s units as follows:
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Date of the approval of the Fund’s Board of Directors |
December 29, 2025 |
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Purpose of purchase |
Treasury units which will be used in swap transaction in return of an asset, or to sell them in the future. The Fund’s Board of Directors believes that the current unit price is below its fair value. |
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10 million cash units, which represent 8.47 % of the units issued by the Fund. |
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Financing method of the purchase |
The purchase will be financed from one or more of the following sources, in a manner that serves the interests of the Fund’s unit holders: |
Key Notes:
- The Fund’s decision to purchase its own units requires the approval of the unit holders through a special resolution of the Fund, authorizing the Fund’s manager to complete the buy-back within a period not exceeding 12 months from the date of the issuance of the referenced special fund resolution.
- The purchase will be made through the Exchange, rather than a special transaction.
- Treasury units that the Fund may acquire will have no voting rights at the unit‑holders’ meeting, nor shall it have entitlements to the Fund’s distributions
- The execution of the Fund’s unit‑purchase transactions depends on market conditions and the unit price; therefore, the purchase decision rests at the discretion of the Fund’s manager and is not binding.