Imposition of a Penalty on National Gas and Industrialization Co.

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 30,000 (Thirty Thousand Saudi Riyals) on National Gas and Industrialization Co. due to its violation of clause (A) of Article (34) of the Listing Rules and the instructions mentioned in the electronic disclosure form number (6) which was approved by CMA’s Board resolution numbered (11-19-2010) and dated 27/06/2010. The company did not update the electronic disclosure form number (6) related to the end of the Assistant General Manager for Transportation’s membership once the change happened.

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Imposition of a Penalty on National Gas and Industrialization Co.