Saudi Tadawul Group announces that the fluctuation limits for Amana Cooperative Insurance Co. will be based on a share price of 63.00 SAR
Monday, May 24, 2021 at 8:18 AM
Mon May 24, 2021 08:18
Amana Cooperative Insurance Co .EGM held on Sunday 11/10/1442H, corresponding to 23/05/2021G has approved the company’s request for a capital reduction. Thus, the fluctuation limits for Amana Cooperative Insurance Co. will be based on a share price of 63.00 SAR and the outstanding orders will be canceled. Furthermore, the company will be suspended as per the Listing Rules for two business days. starting from Monday 12/10/1442H, corresponding to 24/05/2021G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Tuesday 13/10/1442H, corresponding to 25/05/2021G.