Imposition of a penalty on Almarai Company

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 10,000 (Ten Thousand Saudi Riyals) on Almarai Company due to its violation of clause (B) of Article (40) of the Listing Rules The company  was late to inform the public about the annual consolidated financial results for the fiscal period ending on 31/12/2013 “Twelve Months”. The company announced it only less than two hours before the market opens on 19/01/2014.