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Leejam Sports Company (Fitness Time) Announces the Opening of a New Ladies Xpress Fitness Center in Riyadh

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Announcement Detail Leejam Sports Company (Fitness Time) Announces the Opening of a New Ladies Xpress Fitness Center in Riyadh on Sunday October 2nd, 2022.

The center will operate with low-cost operating model and without swimming pools. It will also be digitally enabled and with highly flexible subscriptions that start with a minimum commitment of one month, and at a reasonable price, to make clubs and gyms more accessible to support the achievement of the Saudi’s vision 2030 targets.

The center is the 24th Xpress Fitness Center Opened since the Launch of the Fitness Time Xpress in November 2020. It will have high-spec sports equipment as well as the latest designs for halls. The financial impact will appear as of the 4th quarter of 2022.

The center, which will be under the brand "Fitness Time – Ladies Xpress”, is located on Hassan Bin Thabit Street in Al Nassem Al Sharqi District of Riyadh city, and its total area is 700 m2.

With this opening, the total number of (Fitness Time) centers operating inside and outside the Kingdom of Saudi Arabia is 154 and further new centers announcements will be made in the coming weeks.

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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.

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