| Element List | Explanation |
|---|---|
| Previous Announcement | Armah Sports Company announces the Board approval to transfer from the Parallel Market to the Main Market and appointment of a financial advisor with respect to the transfer application. |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-06-15 Corresponding to 1446-12-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | With reference to announcement of Armah Sports Company (the “Company”) dated 19/12/1446H (corresponding to 15/06/2025) announcing the approval of its Board of Directors of the Company’s transfer from the Parallel Market to the Main Market, the Company announces the republication of its Board of Directors’ report for the year 2025 including all information required based on the relevant laws and implementing regulations. The attached report has been prepared in line with the requirements of the Corporate Governance Regulations issued by the Capital Market Authority in compliance with the requirements to transfer to the Main Market. We would also like to inform you that the attached report has been amended compared to the report previously published on the Tadawul website on 19/09/1447H (corresponding to 08/03/2026). Certain information set out in the report has been amended in line with Article (90) of the Corporate Governance Regulations, as follows: 1. Amending the Board Remuneration table to align with the table set out under the Corporate Governance Regulations, and accurately disclosing their remuneration. (Pages 122-123) 2. Amending the Senior Executives’ remuneration table to align with the table set out under the Corporate Governance Regulations, and accurately disclosing their remuneration. (Page 124) 3. Amending the Committees’ remuneration table to align with the table set out under the Corporate Governance Regulations, and accurately disclosing their remuneration. (Page 125) |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | There is no change in costs associated with the event. |
| Attached Documents | Attached Documents |
Armah Sports Company (Armah) announces the republication of the Board of Directors' Report for the year 2025
AI Summary
- Armah Sports Company has republished its Board of Directors’ report for the fiscal year 2025 as part of its ongoing application to transfer from the Parallel Market to the Main Market.
- The report was amended to align with Article (90) of the Corporate Governance Regulations, specifically updating the disclosure tables for Board, Senior Executive, and Committee remuneration.
- This update follows the Board's initial approval for the market transfer announced on June 15, 2025, and there are no changes to the associated costs of the event.
Attachments
