Riyadh – Mubasher: Armah Sports Company has submitted a formal application to the Saudi Exchange (Tadawul) to transition its listing from the Parallel Market (Nomu) to the Main Market.

The submission was completed on 13 July 2026, through the automated system established by regulatory authorities for such transfers.

The move follows a decision by the company’s board of directors on 15 June 2025 to approve the transition. Armah Sports stated that the application process is part of its strategic plan to enhance its market presence and broaden its investor base.

It noted that any further developments regarding the status of the application or the transition process will be disclosed as they occur.

Meanwhile, the transition remains subject to the approval of Tadawul and is contingent upon meeting all requirements and conditions for listing on the Main Market.

The ordinary general meeting approved the financial statements for 2025 and authorized a total of SAR 900,000 in remuneration for board and committee members.