Etihad Etisalat Co (Mobily) failed to commit to announce its interim financial results for the fiscal period ending 30/09/2014 during the specified period mentioned in the Listing rules.
Based on the Capital Market Law and its implementing regulations as well as the CMA Board’s decision regarding listed companies that do not comply by announcing their financial statements during the specified periods, CMA announces the suspension of trading the shares of Etihad Etisalat Co (Mobily) in the Saudi Stock Exchange (Tadawul) starting from Sunday 09/01/1436H corresponding to 02/11/2014 until the company announces its interim financial results for the fiscal period ending on 30/09/2014. That is to protect the investors and maintain a regulated market.
CMA notes that this does not absolve the company that is not committed to this rule from the liability of violating the compliance rule imposed on all listed companies to publish their financial statements during the specified period.