IssuerAnnouncementDetailsV2Portlet
ActionsAlmasane Alkobra Mining Company (AMAK) announcement of the previously announced developments regarding the appointing of Al Rajhi Capital as Market Maker for the company shares
Element List | Explanation |
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Introduction | With reference to the announcement of Almasane Alkobra Mining Company (AMAK) dated 18/02/2024 AD regarding the appointing of Al Rajhi Capital as Market Maker for the company shares, to support the liquidity in shares trading. |
Previous Announcement | Almasane Alkobra Mining Company (AMAK) announcement of the previously announced developments regarding the appointing of Al Rajhi Capital as Market Maker for the company shares |
Date of Previous Announcement on Saudi Exchange’s Website | 2024-02-18 Corresponding to 1445-08-08 |
Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
Latest Developments Of The Announced Event | The company would like to inform its esteemed shareholders that the Board of Directors has decided, on 12/08/2024 AD , to extend the appointment of Al Rajhi Capital as the market maker for the company’s shares for an additional period of six (6) months, effective from 19/08/2024 AD to 18/02/2025 AD , in order to enhance liquidity in the trading of the company’s shares. This decision is subject to the approval of the relevant authorities. Al Rajhi Capital will carry out market-making activities in accordance with the market-making regulations and guidelines, starting from 19/08/2024. The company will announce any developments in due time. |
Reasons For The Delay on The Date of The Event Previously Announced | N/A |
The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
Delay consequences on the Company’s financial results | N/A |
Additional Information | N/A |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.