The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 40,000 (Forty Thousand Saudi Riyals) on Nama Chemicals Co. due to its violation of clauses (A) and (B) of Article (40) of the Listing Rules as well as clause (8) of the  Instructions for companies’ Announcements regarding their financial results from the Announcements of Listed Companies in the Saudi Stock Exchange. The company was late to disclose, before at least two hours before the market opens on 21/02/2014, its preliminary financial results for the period ending on 31/12/2013 (Twelve months). The announcement also did not include all the reasons affecting the increase in the Net Loss for the fourth quarter of 2013 compared to the previous quarter of the same year.