Saudi Arabian Oil Company Latest Developments on Previous Announcement (7815N)
06 Junio 2022 - 1:00AM
UK Regulatory
TIDM64EZ
RNS Number : 7815N
Saudi Arabian Oil Company
06 June 2022
Saudi Arabian Oil Company (Saudi Aramco) announces the latest
developments related to the case brought by Heirs of Khalid Abu
Al-Waleed Al-Hood Al-Qarqani
ELEMENT EXPLANATION
Title Saudi Arabian Oil Company (Saudi Aramco) announces the
latest developments related to the
case brought by Heirs of Khalid Abu Al-Waleed Al-Hood
Al-Qarqani
----------------------------------------------------------
Introduction Further to the announcement made by the Saudi Arabian Oil
Company (Saudi Aramco) on 05-12-2021G
(corresponding to 01-05-1443H) in relation to the case
brought by the Heirs of Khalid Abu
Al-Waleed Al-Hood Al-Qarqani which has been appealed by
the Appellants and the issuance of
the Court of Appeals unanimous decision on 02-12-2021G
(corresponding to 27-04-1443H) in favor
of Saudi Aramco.
Saudi Aramco announces that the Appellants sought further
review in the US Supreme Court and
the US Supreme Court denied the review on 31-05-2022G
(01-11-1443H).
----------------------------------------------------------
Previous announcement The latest developments related to the case brought by
Heirs of Khalid Abu Al-Waleed Al-Hood
Al-Qarqani in relation to the unanimous appeal decision
in favor of Saudi Aramco dated 02-12-2021
(27-04-1443H).
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Date of the previous announcement 05-12-2021G (01-05-1443H)
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Percentage of fulfilled achievement NA
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The expected completion date of the event The event has ended, as the district court's judgement in
favor of Saudi Aramco is no longer
subject to further appeal.
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Reasons for exceeding the announced end date NA
----------------------------------------------------------
Expenses related to the event and whether it changed or NA
not with the justification
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Impact of the delay (if any) on the company's financial NA
results
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END
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