Delta Insurance permitted to announce capital increase

The General Authority for Financial Control has decided to approve the publication of Delta Insurance Company's disclosure report regarding its capital increase from 550 million to 750 million pounds. This increase will be executed through a cash contribution of 200 million pounds and the separate trading of the subscription rights from the shares. The Authority has also requested the company to present a detailed study of the uses of the funds and the expected returns, in addition to including in the Board of Directors' report the details and justifications concerning the proceeds from the capital increase.

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