​Since Rabigh Refining and Petrochemical Co. did not comply to clause (a) of Article (34) of the Listing Rules (“The Rules”) which states that the issuer must provide to the Authority without delay all information, explanations, books and records that the Authority may require, which must be clear, accurate and not misleading as well as clause (a) of Article (41) of the Rules that states that the issuer must notify the Authority and the public without delay of any material developments in its sphere of activity which are not public knowledge and which may have an effect on the assets and liabilities or financial position or on the general course of business of the issuer which may lead to movements in the price of the listed securities; or significantly affect an issuer’s ability to meet its commitments in respect of debt instruments.

Based on the Capital Market Law and its implementing regulations, CMA announces the suspension of trading the shares of on the Saudi Stock Exchange (Tadawul) starting from Sunday 23/06/1436H corresponding to 12/04/2015 until it responds to the regulatory requirements. That is to protect the investors and maintain a regulated market,

CMA notes that this does not absolve the company from the responsibility of violating the obligations imposed on it.