UAE-based Sharjah Cement and Industrial Development Company, dual-listed on the Abu Dhabi Securities Exchange (ADX) and Boursa Kuwait, said that 26 August 2021 will be the day it delists from the Kuwait stock exchange.

Shareholders may open an account with ADX and transfer their shareholding there, the cement producer said in a filing on Borsa Kuwait Tuesday.

The Kuwait Capital Market Authority approved the voluntary delisting in February 2021, nearly a year after the ordinary general meeting (OGM) of Sharjah Cement voted on the move.

(Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

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