The Capital Market Authority announces that based on Etihad Etisalat Co. (Mobily)’s announcement today Wednesday 06/05/1436H corresponding to 25/02/2015 in regard to its annual financial results for the period ending on 31-12-2014, and based on the Capital Market Law and its Implementing Regulations, the CMA Board issued a resolution on 06/05/1436H corresponding to 25/02/2015 to suspend trading the shares of Etihad Etisalat Co. (Mobily) on the Saudi Stock Exchange (Tadawul) starting today Wednesday 06/05/1436H corresponding to 25/02/2015 until Etihad Etisalat Co. (Mobily) discloses the reasons in details behind the net loss that reached 913 million Saudi Riyals in light of what was previously announced by the company of generating a net profit of 220 million Saudi Riyals for the preliminary period ending on 31/12/2014 (12 months), and also to disclose any other related material developments.
The CMA will accordingly look into continuing the suspension of trading the shares of Etihad Etisalat Co. (Mobily) or not.