The General Secretariat of the Committees for Resolution of Securities Disputes (GS-CRSD) announces the issuance of the Committee for Resolution of Securities Disputes' CRSD decision No. (21/L/D1/C/2025) of 1447 H., dated 08/04/1447 H., corresponding to 30/09/2025, and decision No. (22/L/D2/C/2025) of 1447 H., dated 08/04/1447 H., corresponding to 30/09/2025; approving the acceptance of the request to register the following two class action lawsuits:

1. The class action filed by an investor against the Sanam Business Holding Company, after the Company conducted a marketing campaign offering shares in the Sanam Alnomu Business Services Holding Company, a subsidiary Company to it, without following regulatory procedures stated in the Rules on the Offer of Securities and Continuing Obligations, and as a result his subscription to the Company's shares based on that. The claimant requested the registration of the class action with the CRSD, the annulment of the subscription agreement concluded with the Company, and obliging it to return the capital he paid as a result of his subscription.
2. The class action filed by an investor against the Sport Address Business Services Holding Company, as a result of the Company offering its shares and conducting a marketing campaign to invest with it without following regulatory procedures stated in the Rules on the Offer of Securities and Continuing Obligations, and as a result his subscription to the Company's shares based on that. The claimant requested the registration of the class action with the CRSD, the annulment of the subscription agreement concluded with the Company, and obliging it to return the capital he paid as a result of his subscription.
   
    

Furthermore, any person who subscribed in the shares of the Sanam Alnomu Business Services Holding Company and the Sport Address Business Services Holding Company, has the right to submit a request to the CRSD to join the aforementioned two class actions within (90) days from the date of this announcement, pursuant to Article (57) of the Resolution of Securities Disputes Proceedings Regulations.

The CRSD, however, will examine the submitted request according to the lawful procedures, provided that such a request should be submitted through the Capital Market Authority via the following link:

Request to Join Class Action​​

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