Armah Sports Debuts on Saudi Main Market

Armah Sports Company began trading on the Saudi Exchange Main Market on Sunday, 30 August 2026, under the ticker 6022 in the Consumer Services sector, marking its move up from the Nomu – Parallel Market. The share opened at SAR 55 and climbed to around SAR 60.50 in its debut session, a rise of roughly 10%.

The company's last closing price on Nomu before the transfer was SAR 55 On the Main Market, the daily price fluctuation limit for the share is set at 10%. Armah Sports has a share capital of SAR 328,591,660, divided into 32,859,166 shares.

The path to the Main Market followed a clear timeline: the Board approved the transition on 14 June 2025, the transfer request was submitted through the automated system specified by Saudi regulatory authorities on 14 July 2026, and the Saudi Exchange approved the move on 9 August 2026. Trading on Nomu was halted starting 25 August 2026 for a period not exceeding five sessions to complete transfer procedures.

Why it matters

Beyond the market listing, Armah Sports has set out an expansion strategy focused on the fitness sector nationwide. The company aims to reach 18 clubs by 2026, up from 12 in 2025, and to operate 50 clubs across the Kingdom by 2030, concentrating growth in higher-demand "Tier A" areas.

For residents in Riyadh, Jeddah and beyond, the plan points to a wider network of fitness facilities in the years ahead. Shareholders seeking investor information can contact the company's Riyadh office at +966 11 83 86 000 or by email at IR@armahsports.com.

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