CmaBylaw
Executive Bylaws
4-2-3 Of Module Ten: Disclosure and Transparency
Section: Chapter One: Scope of Application and General Provisions
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Sunday, 12 February 2017
If a Material Information related to a Listed Company is incomplete, or if a Listed Company expects that some Material Information will be available during the trading session, it shall immediately notify the Authority and Exchange in this regard, and request temporary suspension of Trading of its Securities, and shall issue an announcement in this regard comprising the following: 1. All available details about the information, reasons for non-disclosure, reasons behind requesting the suspension of trading and the expected duration. 2. To undertake to announce further details as soon as possible. In the case above, an Exchange may suspend dealing in Securities of a Listed Company after ensuring that suspension of trading is in the interests of traders, and the Exchange shall, in case of accepting the request of a Listed Company, immediately notify the Authority regarding the suspension and the reason for any deficiency in disclosure and shall set out as much detail as is reasonable in this regard, and shall state the expected duration of the suspension.
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