Date: 4/12/2023
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Abdullah Saad Abo Moati CO for BookStore is pleased to invite the shareholders to vote in the Extraordinary General Assembly Meeting (Third Meeting) which is scheduled to take place through the use of modern communication technologies, at 08:30 PM on Wednesday 14-06-1445 corresponding to 27-12-2023. |
| City and Location of the General Assembly’s Meeting | Headquarters of the Company – Riyadh City – through means of modern technology. |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly’s Meeting | 2023-12-27 Corresponding to 1445-06-14 |
| Time of the General Assembly’s Meeting | 20:30 |
| Attendance Eligibility | Each shareholder who is registered in the company’s shareholders ’register at the Depository Center has the right to attend the meeting of the Assembly at the end of the trading session preceding the General Assembly meeting according to the rules and regulations, he shareholder has the right to discuss the topics on the assembly’s agenda and ask questions. |
| Quorum for Convening the General Assembly’s Meeting | Extraordinary General Assembly Meeting (third meeting) will be held by the shareholders who attended regardless attendance percent. |
| General Assembly Meeting Agenda | 1- Voting on the division of the company’s shares according to the following:
– The nominal value of the share before the amendment: (10) SAR. – The nominal value of the share after the adjustment: (1) SAR. – The number of shares before the amendment: 20,000,000 Shares. – The number of shares after modification: 200,000,000 Shares. – There is no change in the company’s capital before and after the stock split. – Effective date: If the clause is approved, the division decision will be effective for all shareholders of the company who own shares on the day of the extraordinary general assembly and are registered in the company’s shareholder register with the securities depository center company (Edaa) at the end of the second trading day following the date of the extraordinary general assembly. – Amending Artical No. (7) of the company’s bylaws related to the company’s capital. (attached) – Amending Artical No. (8) of the company’s bylaws related to the subscription to shares. (attached)
2- Voting on amending the company’s bylaw to comply with the new companies law, and rearranging the articles of the system and numbering them to comply with the proposed amendments. (attached)
3- Voting on transferring the balance of the statutory reserve amount to (7,034,174) SAR as in the financial statements for the year ending on 31/03/2023 to retained earnings.
4- Voting on amending the audit committe charter. (attached)
5- Voting on amending the policies standards and procedures of membership in the Board of Directors. (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders who are registered in the Tadawulaty can remotely vote on the agenda of the OGM starting from 01:00 am Saturday 10/06/1445H corresponding to 23/12/2023 and will last till the end of the General Assembly Meeting. Please note that the registration and voting on Tadawulaty Service shall be available and free of charge for all shareholders by using the following link:
www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any inquiries, please contact:
Tel: 011-4010113 During the working hours or by email:investorrelations@abomoati.com |
| Attached Documents | |
