| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Purity for Information Technology Company published on the Saudi Exchange (Tadawul) website on 29 October 2025 (corresponding to 07 Rabi' Al-Thani 1447H) regarding the Notice of Contract Award with the National Center for Government Resources Systems. |
| Previous Announcement | Announcement of a Contract Award with the National Center for Government Resources Systems |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-10-29 Corresponding to 1447-05-07 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Company would like to inform its shareholders of the latest developments regarding the Notice of Contract Award with the National Center for Government Resources Systems. On Tuesday, 21 July 2026 (corresponding to 07 Safar 1448H), the Company received a letter from the National Center for Government Resources Systems notifying it of the cancellation of the contract award decision, which consequently resulted in the contract sign-off procedures not being completed. NCGR further stated in its letter that the authorized person had directed the cancellation of the contract award decision. The Company would like to clarify that the cancellation of the contract award decision was solely due to the required statutory approvals not being completed and is not related to any breach, default, or failure on the part of the Company. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None |
| Additional Information | The Company confirms that the cancellation of the contract award decision will not affect the continued implementation of its growth strategy. The Company will continue to pursue strategic projects and promising business opportunities, while further developing its businesses and services in a manner that supports the diversification of its revenue streams and enhances the value for its shareholders. |
Purity for Information Technology Company Announces the Latest Developments Regarding the Notice of Contract Award with the National Center for Government Resources Systems
AI Summary
- Purity for Information Technology Company received a notification on July 21, 2026, regarding the cancellation of a contract award decision by the National Center for Government Resources Systems (NCGR).
- The cancellation was due to required statutory approvals not being completed and was not related to any breach, default, or failure by the company.
- The company reported that there are no costs associated with this event and that it will not affect the implementation of its long-term growth strategy.
