​Further to the CMA’s announcement dated 10/01/1436H corresponding to 03/11/2014 regarding the commencement of procedures to verify whether there are any violations to the Capital Market Law and its implementing regulations by Etihad Etisalat Co. (Mobily); as the preliminary phase of these procedures ended in the suspicion of violating  Articles (49) and (50) of the Capital Market Law and section (C) of Article (42) of the Listing Rules; and based on the CMA’s responsibility to protect citizens and investors and to identify the parties responsible for these violations, the CMA’s Board of Commissioners issued its resolution dated 7/5/1436H corresponding to 26/2/2015 to assign a specialised team to review the company’s financial statements and all other related documents, conduct site visits, hear all concerned parties’ statements and obtain copies of documents that the team deems necessary, in order to complete the required legal procedures.