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Salama Cooperative Insurance announces that it will not be able to publish its annual financial results for the fiscal year 2020 on time.

SALAMA 8050 -13.27% 29.75 -4.55
Element List Explanation
Announcement Detail Salama Cooperative Insurance Company want to announce to the shareholders that it was unable to publish its annual financial results for the fiscal year 2020 on the Saudi Stock Exchange (Tadawul) website on time due to the delay in obtaining regulatory approvals .

The company expects to publish its financial results, according to the following dates

The company expects to publish the annual financial results for the fiscal year 2020 before 20/04/2021.

The company will announce any developments in this regard as soon as they become available.

The company also want to clarify that it will apply according to the listing rules approved by the CMA Board Decision No. (1-10-2019) dated 24-05-1440 corresponding to 30-01-2019 and announced on (Tadawul) website on March 25th. 2019.

The financial impact of the change: It is not possible to determine the financial impact that may result from postponing the announcement of the aforementioned financial results, and that effect - if any - will be disclosed in a timely manner.

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