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Announcement from the Saudi Exchange Regarding the Suspension of Trading the Shares of Alkhaleej Training and Education Co.
Due to Alkhaleej Training and Education Co. noncompliance with announcing its financial statements ending 31/03/2023 G during the specified period mentioned in the Rules on the Offer of Securities and Continuing Obligations
According to the Exchange’s authorities stipulated in the Listing Rules, and to the Procedures of Suspension of Listed Securities, Saudi Exchange announces that it will perform the following:
1. Suspend the trading of Alkhaleej Training and Education Co. shares on the Exchange for one trading day, dated on Wednesday 04/11/1444H, corresponding to 24/05/2023G.
2. Alkhaleej Training and Education Co. shares will resume trading for twenty trading sessions starting from Thursday 05/11/1444H, corresponding to 25/05/2023G, following the one day suspension, and the company is required to announce its financial statements before the end of Wednesday 03/12/1444H, corresponding to 21/06/2023G.
3. In case the company did not announce its financial statements ending 31/03/2023 during the period stated in point (2), trading of Alkhaleej Training and Education Co. shares will be suspended again starting from Thursday 04/12/1444H, corresponding to 22/06/2023G until the company announces its financial statements ending 31/03/2023