A1320 SSP1.5 (5.64 %)
1443/04/10 Mon Nov 15, 2021 08:02:06
Saudi Steel Pipe Co. Announces Contracts Sign Off with Saudi Aramco

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Element List Explanation
Introduction Saudi Steel Pipe Company announces the award of orders amounting to SAR 189.9 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Date of Announcement of the Award 2021-11-15 Corresponding to 1443-04-10
Contract Subject Matter The supply of Oil & Gas Steel Pipes to Saudi Aramco
Date of Signing the Contract 2021-11-14 Corresponding to 1443-04-09
Contract Value SAR 189.9 Million
Contract Details Orders amounting to SAR 189.9 Million for the supply of Oil & Gas Steel Pipes to Saudi Aramco.
Contract Duration Up to 18 months
Financial Impact and the Relevant Period The financial impact of these orders is expected to materialize in the period between the second half of fiscal year 2022 and first half of fiscal year 2023.
Related Parties Not applicable
Additional Information Not applicable

The Capital Market Authority and the Saudi Stock 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.

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SSP - Saudi Steel Pipes Company SJSC published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 07:59:05 UTC.