Announcement from The Saudi Stock Exchange (Tadawul) Regarding the Delisting of Alawwal Bank Shares.

Related News

• The Capital Market Authority Licenses Pinnacle Capital Company to Conduct Managing Investments Activity in the Securities Business and its Completion of the Commencements of Business Requirements

  In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Pinnacle Capital Company has completed the commencements of business requirements to conduct Managing Investments Activity in the Securities Business licensed as per CMA resolution dated 02/12/1444H corresponding to 20/06/2023G.

  24/04/2024 16:57:46

• Amendment to Business Profile of Malaz Capital Company

  Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces its approval to the amendment of the Business Profile requested by Malaz Capital Company, to be authorized to conduct Advising, Arranging, Custody, Dealing, and Managing Investments and Operating Funds activities in the Securities Business. 

  24/04/2024 16:52:44

• Announcement Regarding The Approval On Listing Government Debt Instruments Of a Class Already Listed

  Saudi Exchange has issued its resolution approving the listing request of the debt instruments from a class already listed, issued by the Government of the Kingdom of Saudi Arabia submitted by the Ministry of Finance as per the Listing Rules with a total value of SAR (2,235,000,000) detailed as follow: 1.    Increase in issuance 2019-01-10 (Tadawul code: 5274) by SAR 2,235,000,000 to reach a total of SAR 15,119,183,000.   Accordingly, the listing of government debt instruments reissue shall commence starting from Thursday 25/04/2024.

  24/04/2024 15:25:54

• The Capital Market Authority approves Al Sagr Cooperative Insurance Company’s request to increase its capital by way of Rights Issue

  The CMA has announced its resolution approving Al Sagr Cooperative Insurance Company's request to increase its capital by way of rights issue valued at SAR (160,000,000). The increase will be limited to the shareholders who are registered in the shareholders’ registry at the Security Depository Center as of the closing of the second trading day after the extraordinary general assembly meeting, which will be determined by the Company’s board of directors at a later date. The offering price and the number of shares offered for subscription will be determined by the Company after market closing of the same day in which the extraordinary general assembly meeting is to be held. After reviewing the Company’s application in light of the governing regulatory requirements, and the quantitative and qualitative criteria applicable to all companies requesting a capital increase, the CMA has issued its resolution approving Al Sagr Cooperative Insurance Company's capital increase request highlighted above. The rights issue prospectus will be posted and made available to the public at a later time. An investment decision based on the Company’s board recommendation to increase its capital or the CMA’s approval without carefully reading the rights issue prospectus or fully reviewing its content may involve high risk. Therefore, investors should carefully read the prospectus, which contains detailed information on the Company, the offering and risk factors. Thus, providing investors the ability to evaluate the viability of investing in the offering, taking into considerations the associated risks. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to any investment decision. The CMA’s approval of the prospectus should never be considered as a recommendation to participate in the offer nor invest in the Company's shares. The CMA’s approval of the prospectus merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.

  24/04/2024 09:10:17

• The Saudi Exchange announces the adjustments to SSO and SSF contracts of Alinma Bank due to the capital increase for the underlying

  In reference to Alinma Bank announcement on Tuesday 02/04/2024G of increasing its capital via bonus share.   The Saudi Exchange announces the adjustment to SSO and SSF contracts of Alinma Bank due to the capital increase for the underlying as the following: •    Single Stock Options of Alinma Bank: The contract code, Strick price, and contract size for Single Stock Options contracts of Alinma Bank will be adjusted on Wednesday, 24/04/2024G, 15/10/1445, for more information, click here.  •    Single Stock Futures of Alinma Bank: The contract code, reference price, and contract size for Single Stock Futures contracts of Alinma Bank will be adjusted on Wednesday, 24/04/2024G. 15/10/1445, For more information, click here.

  24/04/2024 08:45:20