CmaBoardReleases
Title: Resolution No. (62) of 2022 Regarding Lifting the Prohibition on Dealing Directly and Indirectly by the Insiders and Major Shareholders of Jiyad Holding Company
Having perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (37) of 2019 held on 13/11/2019 Regarding Resuming the Trading on Jiyad Holding Company's Shares in the securities Exchange; and
- Based on CMA Board of Commissioners Resolution passed in its meeting No. (15) of 2022 held on 13/04/2022.
The Following Was Resolved:
Article (1):
The prohibition on dealing in the shares of Jiyad Holding Company, either directly or indirectly, shall be lifted for the insiders and major shareholders of the Company, in accordance with the records of the CMA, the Exchange, and the Clearing Agency.
Article (2):
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force starting from the date of its issuance.
Prof. Ahmad A. Al-Melhem
Issued on: 18/04/2022