Tadawul trading screen
The Saudi Exchange Co. and the Securities Depository Centre Company (Edaa) published the draft amendments to the exchange rules for public consultation, in light of regulating the listing process of the different types and classes of shares, according to a statement. 
The proposed amendments are aimed to develop the regulatory framework governing the listing of different types and classes of shares, in alignment with the Companies Law and the Implementing Regulations of the Companies Law for Listed Joint Stock Companies, Tadawul said in a statement.
It added that the amendments also introduce provisions enabling issuers to convert between share types and classes. By adopting internationally recognized best practices, these changes aim to increase the market’s attractiveness to issuers and investors and to expand the range of available investment opportunities, according to Tadawul.
The proposed amendments are available for review through the following links:
The Draft Amendments to the Exchange Rules.
Tadawul trading screen
The Saudi Exchange Co. and the Securities Depository Centre Company (Edaa) published the draft amendments to the exchange rules for public consultation, in light of regulating the listing process of the different types and classes of shares, according to a statement.
The proposed amendments are aimed to develop the regulatory framework governing the listing of different types and classes of shares, in alignment with the Companies Law and the Implementing Regulations of the Companies Law for Listed Joint Stock Companies, Tadawul said in a statement.
It added that the amendments also introduce provisions enabling issuers to convert between share types and classes. By adopting internationally recognized best practices, these changes aim to increase the market’s attractiveness to issuers and investors and to expand the range of available investment opportunities, according to Tadawul.
The proposed amendments are available for review through the following links:
