Saudi Basic Industries Corp. — Delisting Announcement 2013

Apr 13, 2013

SABIC ANNOUNCES ITS INTENTION TO PURCHASE THE ASSETS OF ITS THIRD SUKUK AMOUNTING SAR 5 BILLION

2010 · 13/04/2013 10:06:15 · Announcement #30160 · View on Saudi Exchange

SABIC ANNOUNCES ITS INTENTION TO PURCHASE THE ASSETS OF ITS THIRD SUKUK AMOUNTING SAR 5 BILLION

Saudi Basic Industries Corporation (SABIC) announces its intention to purchase the assets of its third Sukuk amounting to SAR 5 Billion which was issued in May 2008, in accordance with the terms and conditions of the Sukuk. As a result of this, trading of the Sukuk will cease on 15th April 2013 and the amounts due to the Sukuk holders will be deposited to the Sukuk holders accounts on 15th May 2013 from the companys available cash. Subsequently the Sukuk will be delisted and cancelled

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.