Tadawul suspends trading of MEDGULF upon company's request

12/02/2023 Argaam
Logo ofMediterranean and Gulf Insurance and Reinsurance Co.

Logo of Mediterranean and Gulf Insurance and Reinsurance Co.

The Saudi Exchange (Tadawul) halted trading of The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) starting from today, Feb. 12, until the end of the current trading session.

 

The move, taken upon a request from the company, comes in accordance with the listing rules and procedures of suspension of listed securities as the company will announce a material event, according to a statement to Tadawul.

 

The shares will resume trading tomorrow, Feb. 13.

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