Imposition of a Fine on Saudi Fisheries Co.

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 40,000 (Forty Thousand Saudi Riyals) on Saudi Fisheries Co. due to its violation of clause (A) of Article (40) of the Listing Rules. The company disclosed incorrect information in its announcement on the Saudi Stock Exchange (Tadawul)’s website on 30/07/2015 regarding its interim financial results for the period ending on 30/06/2015. The information was in regard to the Net Profit (Loss) for the fiscal period . The company corrected the information in its announcement on 09/08/2015.