IssuerAnnouncementDetailsV2Portlet
Actions
Digital Research Company (DRC) announces the resignation of the Chairman of the Board, Vice Chairman, and two members of the Board of Directors.
| Element List | Explanation |
|---|---|
| Introduction | With reference to the results of the Extraordinary General Assembly Meeting of Digital Research Company (DRC) held on 27/06/1447H corresponding to 18/12/2025G, during which the amendment of Article (14) of the Company’s Bylaws related to the (management of the Company) was approved—reducing the number of Board members from nine (9) to five (5) the Company announces the voluntary resignation of the Chairman of the Board, the Vice Chairman, and two members of the Board of Directors from their positions on the Board, with the resignation becoming effective as of18/12/2025G. The Board of Directors extends its sincere gratitude and appreciation to the members for their contributions and efforts during their tenure, and wishes them continued success and prosperity |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Mr. Ahmed Mohammed Ahmed Alquraishy (Chairman of the Board of Directors) |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2025-12-18 Corresponding to 1447-06-27 |
| Resignation Effective Date | 2025-12-18 Corresponding to 1447-06-27 |
| Membership Starting Date for the Resigned Member | 2024-05-05 Corresponding to 1445-10-26 |
| Reasons of Resignation | Voluntary resignation in line with the General Assembly’s resolution to reduce the number of Board members |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Mr. Mohammed Ahmed Abdualla Alquraishy. (Vice Chairman) |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2025-12-18 Corresponding to 1447-06-27 |
| Resignation Effective Date | 2025-12-18 Corresponding to 1447-06-27 |
| Membership Starting Date for the Resigned Member | 2024-05-05 Corresponding to 1445-10-26 |
| Reasons of Resignation | Voluntary resignation in line with the General Assembly’s resolution to reduce the number of Board members |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Mr. Mansour Ayedh Hassan Alkahtani (Board Member) |
| Membership Type | Executive |
| Resignation Submission Date | 2025-12-18 Corresponding to 1447-06-27 |
| Resignation Effective Date | 2025-12-18 Corresponding to 1447-06-27 |
| Membership Starting Date for the Resigned Member | 2024-05-05 Corresponding to 1445-10-26 |
| Reasons of Resignation | Voluntary resignation in line with the General Assembly’s resolution to reduce the number of Board members |
| Element List | Explanation |
|---|---|
| Resigned Member Name | Mr. Abdulaziz Saud Mutab Al-Subhan (Board Member) |
| Membership Type | Non- Executive |
| Resignation Submission Date | 2025-12-18 Corresponding to 1447-06-27 |
| Resignation Effective Date | 2025-12-18 Corresponding to 1447-06-27 |
| Membership Starting Date for the Resigned Member | 2024-05-05 Corresponding to 1445-10-26 |
| Reasons of Resignation | Voluntary resignation in line with the General Assembly’s resolution to reduce the number of Board members |
The Capital Market Authority and Saudi 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.
Share
Company Performance
Key Parameters
Last Price 26.5
Net Change 0.0 (0.0%)
Value Traded (Sar) 2,987.48
Volume Traded 113
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions
- ${title}${badge}