As part of the Saudi Exchange keenness to involve all concerned and interested parties to participate and share their observations on the Market regulatory frameworks, the Saudi Exchange announces publishing the Draft Amendments of Listing Rules to Regulate the Direct Listing of Offered Debt Instrument by Way of Private Placement for public consultation, which can be viewed through the following link:
Draft Amendments to Listing Rules (click here)
The proposed amendments on the Listing Rules aim to develop and deepen the Sukuk and Debt Instruments Market by introducing new features and improvements to allow the direct listing of offered sukuk and debt instrument by way of private placement, in order to ensure the diversification of the investors and issuers base in the listed Sukuk and Debt Instruments Market.
Noting that the proposed amendments on the Listing Rules are linked to the Draft Amendments to the Rules on the Offer of Securities and Continuing Obligations in regards to regulate the direct listing of offered Debt Instrument by way of private placement published for public consultation on the Capital Market Authority’s website which can be viewed through the following link:
Draft Amendments to Rules on the Offer of Securities and Continuing Obligations (click here)
Saudi Exchange would be pleased to receive your feedback and observations no later than 04/06/2022 G corresponding to 05/11/1443H through the following email:Public.Consultation@tadawulgroup.sa
Your feedback shall be considered and assessed during the process of issuing the final versions of the Rules.
