Company Overview
Academy of Learning Company is a Saudi education group whose shares trade on Nomu, the parallel market operated alongside the Kingdom's main board. Nomu carries lighter listing requirements than the main market and is restricted to qualified investors, and it is the venue on which a number of the Kingdom's smaller education, consumer and industrial issuers have listed.
The company is capitalised at 135,000,000 riyals divided into 135,000,000 shares. That figure rises to 157,500,000 riyals divided into 157,500,000 shares once the bonus issue approved by the Capital Market Authority has been completed and registered.
Corporate developments
In October 2026 the Capital Market Authority approved a capital increase through bonus shares, issuing one new share for every six held and funded by transferring 22,500,000 riyals from the company's retained earnings account into capital. The increase is conditional on approval by an extraordinary general assembly, which must be convened within six months of the regulator's decision, and on the company meeting all other applicable regulatory requirements. Entitlement is set by reference to the shareholder register at the close of the second trading day after a due date to be determined by the board.
Recent Leadership News
Executive Moves has not yet covered a named leadership appointment at Academy of Learning Company.
Facts compiled by Executive Moves from publicly available news and press releases on 26 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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