Amending the Instructions Related to The Announcements of Listed Companies

Further to the CMA efforts to enhance and develop disclosure and transparency procedures and principles of the listed companies announcements; in an endeavor to apply the best standards related to the companies' disclosure to investors and participants in the Exchange, and in order for the instructions of the announcements of listed companies to comply with the provisions of the Corporate Governance Regulations, the Regulatory Rules and Procedures Issued Pursuant to The Companies Law Relating To Listed Joint Stock Companies, The Instructions and Procedures Related To Listed Companies With Accumulated Losses Reaching 20% or More Of Its Capital, and amending the transactions settlement cycle of listed securities from (T+0) to (T+2). and pursuant to the Capital Market Law issued by Royal Decree Number (M/30) dated 2/6/1424H, the CMA Board has issued its resolution dated 22/7/1438H, corresponding to 19/4/2017G amending the instructions related to announcements of listed companies. These changes will be affective starting from 25/7/1438H, corresponding to 22/4/2017G.

You can view the updated instruction on the following link:

Announcements

Published on the same date