An Update on Signing of a Sale and Purchase Agreement (“SPA”)

Sustained Infrastructure Holding Co. Announces an Update on Signing of a Sale and Purchase Agreement (“SPA”) to Acquire 51% Equity Stake in Port Services & Storage Company Limited (PSS)

Element ListExplanation
IntroductionPursuant to the announcement made by Sustainable Infrastructure Holding Company ("SISCO Holding") on the Saudi Exchange dated 01-10-2025, related to the signing of the Sale and Purchase Agreement (SPA) to acquire a 51% equity stake in Port Services & Storage Company Limited (PSS), SISCO Holding announces that it has now completed the acquisition of a 51% of equity stake in PSS on 12-01-2026, for an agreed purchase price of SAR 132.6 million. The acquisition comprises an initial cash consideration of SAR 91.8 million and performance-based earn-out payments of up to SAR 40.8 million conditional on the achievement of specific financial targets over the next 2 years. The acquisition is fully financed by cash.
Previous AnnouncementThe signing of a Sale and Purchase Agreement (“SPA”) to acquire 51% equity stake in Port Services & Storage Company Limited (PSS)
Date of Previous Announcement on Saudi Exchange’s Website2025-10-01 Corresponding to 1447-04-09
Hyperlink to the Previous Announcement on the Saudi Exchange WebsiteClick Here
Latest Developments Of The Announced EventThe acquisition of 51% of equity stake in Port Services & Storage Company Limited (PSS) was completed.
The costs associated with the event, and if they have changed or not with indication of the reasons.No Changes
Additional InformationSISCO Holding will fully consolidate PSS in its financial statements from Q1 2026.


13 / 01 / 2026 General