The Saudi Exchange announces that the fluctuation limits for Raydan Food Co. will be based on a share price of SAR 27.35

Thursday, October 06, 2022 at 8:10 AM

Raydan Food Co. EGM held on  Wednesday  09/03/1444 H, corresponding to 05/10/2022 G has approved the company’s request for a capital reduction. Thus, the fluctuation limits for  Raydan Food Co. will be based on a share price of SAR 27.35 and the outstanding orders will be canceled. Furthermore, the company will be suspended as per the Listing Rules for two business days. Starting from Thursday 10/03/1444 H, corresponding to 06/10/2022 G,  until the Securities Depository Center Company (Edaa) reflects  shares reduction on investors’ portfolios, lifting the suspension of trading will be end of  Sunday  13/03/1444 H, corresponding to 09/10/2022G