Announcement from the Saudi Stock Exchange (Tadawul) Regarding the Suspension of Trading the Shares of National Building and Marketing Co.
Wednesday, September 16, 2020 at 8:26 AM
Wed Sep 16, 2020 08:25
Due to National Building and Marketing Co. noncompliance with announcing its financial statements for the first and second quarter of 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 National Building and Marketing Co. shares on the Exchange for one trading day, dated on Wednesday 28/01/1442H, corresponding to 16/09/2020G.
2. National Building and Marketing Co. shares will resume trading for twenty trading sessions starting from Thursday 29/01/1442H, corresponding to 17/09/2020G, following the one day suspension, and the company is required to announce its financial statements before the end of Thursday 28/02/1442H, corresponding to 15/10/2020G.
3. In case the company did not announce its financial statements for the first and second quarter of 2020 during the period stated in point (2), trading of National Building and Marketing Co. shares will be suspended again starting from Sunday 01/03/1442H, corresponding to 18/10/2020G until the company announces its financial statements.