Announcement from the Saudi Stock Exchange Company (Tadawul) Regarding Lifting the Suspension on Trading the Shares of Wafrah for Industry and Development Co.

Wednesday, September 19, 2018 at 8:15 AM

Wed Sep 19, 2018 08:15

Referring to the Saudi Stock Exchange Company (Tadawul) announcement on 01/12/1439H, corresponding to 12/08/2018G regarding the suspension on trading the shares of Wafrah for Industry and Development Co. on the Saudi Stock Exchange starting from 01/12/1439H, corresponding to 12/08/2018G as the Company failed to commit to announce its financial statements during the specified period mentioned in the Rules on Offer of Securities and Continuing Obligations approved by the Board of the Capital Market Authority pursuant to its Resolution no. (3-123-2017) dated 9/4/1439H, corresponding to 27/12/2017G. 
The company published on 08/01/1440H, corresponding to 17/09/2018G its financial statements, and therefore, the Saudi Stock Exchange Company (Tadawul) has exercised its powers stipulated in the Listing Rules approved by the  Board of the Capital Market Authority pursuant to its Resolution no. (3-123-2017) dated 9/4/1439H, corresponding to 27/12/2017G to lift the suspension on trading the Company’s shares starting from Today 09/01/1440H, corresponding to 19/09/2018G