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01:28 AM
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Announcement from The Saudi Stock Exchange (Tadawul) Regarding the Suspension of trading the shares of United Wire Factories Co.

In reference to United Wire Factories Co.’s announcement on the Saudi Stock Exchange (Tadawul) website dated 25/11/1441H corresponding to 16/07/2020G regarding the Company's EGM approval of the capital reduction, and in reference to the Company’s announcement of the effectiveness of the capital reduction resolution starting from 26/01/1442H corresponding to 14/09/2020G.
Thus, the company will be suspended for two business days, starting from today Monday 26/01/1442H corresponding to 14/09/2020G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Tuesday 27/01/1442H corresponding to 15/09/2020G and the fluctuation limits for the company share will be based on a share price of SAR 32.30, and the outstanding orders will be canceled

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