4240 · 27/04/2020 08:48:29 · Announcement #58717 · View on Saudi Exchange

Fawaz abdulaziz alhokair & other announces reopening of stores amid temporary relaxation of containment measures.

Element ListExplanation
Introduction In reference to Fawaz abdulaziz alhokair & other announcement of 16 March 2020 on the Tadawul website regarding the partial and temporary closures of its retail stores in compliance with the Government’s precautionary measures to contain the novel coronavirus, and with reference to the Royal Decree of 26 April 2020 partially lifting the Kingdom-wide curfew (except in Makkah) from 09:00 to 17:00 for the period from 26 April to 13 May, 2020 (3 to 20 Ramadan, 1441H), and allowing the resumption of certain commercial activities, Fawaz abdulaziz alhokair & other announces the partial reopening of its stores across all malls (except in Makkah) starting 29 April through to 13 May 2020 (6 to 20 Ramadan, 1441H).

Units under Alhokair’s fashion and electronics brands will reopen for the duration of this period, while the Group’s food & beverage outlets and units will remain closed as stipulated in the Royal Decree. Food and beverage outlets will, however, continue to offer delivery and takeout services.

The reopened stores will operate in accordance with updated government guidelines regarding practice in the areas of public health and safety. Comprehensive health and safety measures will be enforced for the duration of the period, including the establishment of spatial limits on the number of customers allowed into stores in a given time and the mandatory use of personal protective equipment by store personnel at all times.

Fawaz abdulaziz alhokair & other management continues to ascertain the financial impact of the updated measures and will update the market and its shareholders in due course. Date of Posting the Previous Announcement of Development on Tadawul's Website 2020-03-16 Corresponding to 1441-07-21 URL of the Previous Announcement Click Here Change on the Development NA Financial Impact on the change Cannot be determined at this point of time, will be announced in due course. Additional Information NA

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