Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
Date | 05/02/2025 |
Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
Material Information | Agility would like to announce, that its Subsidiary Agility Global PLC, and as part of its continued effort in managing its stake in DSV AS and the existing hedges over some of its DSV shares, has issued corporate guarantees to some of the existing hedging banks for a total amount of EUR 75.6M (around KD 24 million). The guarantees are issued by Agility Global PLC as part of an optimisation of the current hedging structure.
The number of hedged shares remains the same and no additional funding extended to the Company or its subsidiaries. |
Impact of the material information on the financial position of the company | Those Guarantees will be reflected in the Company’s consolidated financials. |
Sincerely,
Investor Relations Team