Announcement from the Saudi Exchange Regarding the Suspension of Trading the Shares of Altharwah Albashariyyah Co. and Quara Finance Co.

Due to   Altharwah Albashariyyah Co. and    Quara Finance Co. noncompliance with announcing the financial statements Period Ending on 2024-06-30 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, The Saudi Exchange announces that it will perform the following:

1.    Suspend the trading of The Altharwah Albashariyyah Co. and Quara Finance Co. shares on the Exchange for one trading day, dated on Monday 29/02/1446 H, corresponding to 02/09/2024G.

2.    Altharwah Albashariyyah Co. and Quara Finance Co. shares will resume trading for twenty trading sessions starting from Tuesday 30/02/1446 H, corresponding to 03/09/2024G, following the one-day suspension, the companies are required to announce the financial statements before the end of Tuesday 28/03/1446 H, corresponding to 01/10/2024G.

3.    In case a company did not announce its financial statements during the period stated in point (2), trading of company shares will be suspended again starting from Wednesday 29/03/1446 H, corresponding to 02/10/2024G. until the companies announces its financial statements.