Imposition of a penalty

The Capital Market Authority announces imposition of a penalty of SR 100.000 (One Hundred Thousand Saudi Riyals) on Fawaz Abdulaziz Alhokair and Partners Company  for violation of clause (a) of the CMA Board resolution No. (4-21-2007) dated 30/4/2007. The company failed to comply with the above resolution which calls for pooling of fractions of shares arising from increasing of it’s capital in one single portfolio, for all shareholders and to sell them within a period of not later than (30) days  from shares allocation.