Press releases, Reports & Disclosures for Al Buhaira National Insurance Company

Resolution No. (461) of 2024 announces the temporary suspension of trading in the shares of Al Buhaira National Insurance Company (ABNIC) on the Abu Dhabi Securities Exchange (ADX). The suspension will begin at 11:00 AM on August 12, 2024, due to a Board of Directors meeting that coincides with the trading session. Trading will resume once ADX receives the meeting results. The resolution mandates that all ADX department heads execute the suspension in their respective areas and that the resolution be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution was approved by the authorized person and issued on August 7, 2024.

Resolution No. 409 of 2024 temporarily suspends the trading of shares for the Al Buhaira National Insurance Company. This decision was made as the company's Board of Directors meeting, scheduled for 10:30 on 15-May-2024, coincides with the trading session at ADX. Therefore, trading of the company's shares will be suspended from 09:00 on 15-May-2024 until ADX receives the meeting results. All department heads at ADX are instructed to implement this resolution in their respective fields. The resolution will be circulated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and all ADX-accredited brokers. The resolution was approved by the authorized person and issued on 09/05/2024.