The Saudi Exchange announces that the fluctuation limits for Saudi Enaya Cooperative Insurance Co. will be based on a share price of SAR 25.20
Wednesday, October 19, 2022 at 8:10 AM
Saudi Enaya Cooperative Insurance Co.for EGM held on Tuesday 22/03/1444 H, corresponding to 18/10/2022 G has approved the company’s request for a capital reduction. Thus, the fluctuation limits for Al Saudi Enaya Cooperative Insurance Co. will be based on a share price of SAR 25.20 and the outstanding orders will be canceled. Furthermore, the company will be suspended as per the Listing Rules for two business days Starting from Wednesday 23/03/1444 H, corresponding to 19/10/2022 G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Thursday 24/03/1444 H, corresponding to 20/10/2022G