Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 18/9/2024 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
| Material Information | Reference to the above-mentioned subject, please note that the 2 contracts no. (2.م.ع /247/2004) related to Sulaibiyah crafts extension (46k sqm) and no. (2.م.ع/248/2004) related to Jahra crafts extension (244k sqm), with the Public Authority of Industry, will expire on 18/09/2024. Agility is communicating with PAI to request renewal of those contracts and is following up on this matter. |
| Impact of the material information on the financial position of the company | No financial impact at the moment. However, those sites generate around KD 7 million annual revenues and have around KD 37 million in BV as of FY 2023 financials |
Best Regards,
Investor Relations Team