| Element List | Explanation |
|---|---|
| Announcement Detail | With reference to the reports circulated by certain media outlets and social media platforms on 20 Jul 2026 regarding ongoing discussions between TAWAL and Etihad Etisalat Co. (Mobily) concerning the acquisition of telecom towers owned by Mobily, the Company would like to clarify the following: |
1. Preliminary discussions have taken place between TAWAL and Mobily regarding this matter
2. No MoU or binding agreement has been entered into between the parties (other than a confidentiality agreement required by the nature of the discussions), accordingly, as of this date, the preliminary discussions entail no financial impact or any binding legal obligations
The Company reaffirms its commitment to disclose, without delay, any future material developments in compliance with the Rules on the Offer of Securities and Continuing Obligations and the Instructions for Companies' Announcements.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.