Sigma Capital

12-02-2025

The Saudi Pharmaceutical Industries and Medical Supplies Company (SPIMACO ADDWAIEH) announces that the current CEO has agreed to the Board of Directors' request to extend his contract as CEO of the company, effective from March 1, 2025, to August 31, 2025.

Source: MIST

Tadawul-


Element List Explanation
Introduction In reference to the announcement of Saudi Pharmaceutical Industries and Medical Appliances Corporation (“SPIMACO") issued on 22/05/1446H corresponding to 24/11/2024, regarding the acceptance of the CEO of the company, Mr. Jerome Cabannes request to not renew his contract, with his last working day being February 28, 2025, we are pleased to announce that Mr. Jerome Cabannes has agreed to the Board of Directors' request to extend his term as the company's CEO for an additional six months, from March 1, 2025, to August 31, 2025.
Previous Announcement Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO ADDWAIEH) announces accepting the CEO request to not renew his contract
Date of Previous Announcement on Saudi Exchange’s Website 2024-11-24 Corresponding to 1446-05-22
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event The Current CEO has agreed to accept the Board of Directors' request to extend his term as the company's CEO for an additional six months, from March 1, 2025, to August 31, 2025.
Reasons For The Delay on The Date of The Event Previously Announced N/A
The costs associated with the event, and if they have changed or not with indication of the reasons. N/A
Delay consequences on the Company’s financial results N/A
Additional Information N/A