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Saudi Exchange approves Armah Sports move
Tadawul Saudi Arabia announced its approval of Armah Sports Company's request to transition from the Parallel Market "Nom" to the Main Market. The company's capital amounts to 328.6 million SAR, with 32.86 million shares. The company's shares will continue trading on the Parallel Market until the publication period of the transfer document concludes, after which trading will be temporarily halted to complete the procedures. The date for listing on the Main Market will be announced once all procedures are finalized. This transition is considered an important step in meeting the regulatory listing requirements, and it is part of the company's journey since its listing in November 2023.
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