Announcement from The Saudi Stock Exchange (Tadawul) Regarding the Suspension of trading the shares of City Cement Co.
In reference to City Cement Co.’s announcement on the Saudi Stock Exchange (Tadawul) website dated 07/01/1442H corresponding to 26/08/2020G regarding the Company's EGM approval of the capital reduction, and in reference to the Company’s announcement of the effectiveness of the capital reduction resolution starting from 09/03/1442H corresponding to 26/10/2020G.
Thus, the company will be suspended for two business days, starting from today Monday 09/03/1442H corresponding to 26/10/2020G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Tuesday 10/03/1442H corresponding to 27/10/2020G and the fluctuation limits for the company share will be based on a share price of SAR 22.16 , and the outstanding orders will be canceled
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