Imposition of a Fine on Southern Province Cement Co.

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 20,000 (Twenty Thousand Saudi Riyals) on the Southern Province Cement Co.  due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public in a timely manner about distributing dividends on the shareholders for the first half of 2014. It was later announced only less than two hours before the market opens on 17/07/2014.