Mubasher TV
Contact Us Advertising   العربية

Announcement from the Saudi Stock Exchange (Tadawul) Regarding the Suspension of Trading the Shares of Salama Cooperative Insurance Co.

SALAMA 8050 -1.29% 34.30 -0.45
Due to  Salama Cooperative Insurance Co. noncompliance with announcing its financial statements 2rd quarter 2020 during the  specified period mentioned in the Rules on the Offer of Securities and Continuing Obligations
According to the Exchange’s authorities stipulated in the Listing Rules, and to the Procedures of Suspension of Listed Securities, The Saudi Stock Exchange Company (Tadawul) announces that it will perform the following:
1. Suspend the trading of  Salama Cooperative Insurance Co.  shares on the Exchange for one trading day, dated on Wednesday 07/01/1442 H, corresponding to  26/08/2020G.
2. Salama Cooperative Insurance Co. shares will resume trading for twenty trading sessions starting from   Thursday  08/01/1442 H , corresponding to  27/08/2020G, following the one day suspension, and the company is required to announce its financial statements before the end of  Thursday 07/02/1442 H, corresponding to 24/09/2020G.
3. In case the company did not announce its financial statements 2nd quarter 2020 during the period stated in point (2), trading of  Salama Cooperative Insurance Co.  shares will be suspended again starting from  Sunday 10/02/1442 H , corresponding to 27/09/2020G. until the company announces its financial statements 2nd quarter 2020

Comments