Reference to the above-mentioned subject; Agility Public Warehousing Company would like to announce about a material information as per the below template:
| Date | 13/10/2024 |
| Name of Listed Company | Agility Public Warehousing Company K.S.C.P (“Agility”) |
| Material Information | Reference to the above-mentioned subject, Agility would like to announce that one of its indirect subsidiaries, plans for the final phase of expansion at the Agility Logistics Parks (ALP) warehousing complex in Riyadh.
The expansion project represents an investment of 250 million SAR (around KD 20 million) and will add 100,000 SQM of warehousing capacity to the complex, taking the total available warehousing space to 551,368 SQM. The first phase of the expansion will be ready and operating in Q1 2025. |
| Impact of the material information on the financial position of the company | A total investment of around KD 20 million during the development period. |
Best Regards,
Investor Relations Team