Armah BOD Approves Transition from Parallel Market to Main Market

Armah Sports Co. announced on Sunday that its Board of Directors approved the Company’s transition from the Parallel Market (Nomu) to the Main Market and appointed Saudi Fransi Capital as a Financial Adviser for the purpose of transition. The transition aligns with the updated Listing Rules pursuant to Resolution No. (4-114-2024), dated October 07, 2024.

The Company noted that the transition remains subject to the approval of the Saudi Exchange and conditional upon meeting all requirements stipulated in the Listing Rules.