Abu Dhabi Securities Exchange Suspends Trading of Union Insurance Company Shares

The Abu Dhabi Securities Exchange (ADX) has decided to suspend trading of Union Insurance Company shares effective June 25, 2025, due to the issuance of Chief Executive Resolution No. 181. The suspension is a result of the ADX's compliance with its Listing and Disclosure Rules, particularly Articles 10/11 and 38. The move aims to implement procedures in line with the ADX's departments' functions and is a procedural step following outlined disclosure rules.

Key Takeaways:

• The Abu Dhabi Securities Exchange (ADX) has suspended trading of Union Insurance Company shares effective June 25, 2025.
• The suspension is based on Articles 10/11 and 38 of the ADX Listing and Disclosure Rules and Chief Executive Resolution No. 181.
• The ADX's decision to halt trading activities of Union Insurance Company shares will remain in place until further notice is provided.
• Stakeholders and investors are advised to stay informed on any subsequent developments as they are released by the exchange.
• The suspension aims to implement procedures in line with the ADX's departments' functions.
• The Union Insurance Company shares are in a specific market category and are impacted by the suspension.

Statistics:

• 25 Jun 2025: Date of suspension of Union Insurance Company shares trading.
• No specific statistics or numerical data are mentioned in the provided text.

Sources:

• Abu Dhabi Securities Exchange.
• Chief Executive Resolution No. 181.
• ADX Listing and Disclosure Rules (Articles 10/11 and 38).