Date: 28/08/2023
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Abdullah Saad AboMoati CO for BookStore is pleased to invite the shareholders to vote in the Ordinary General Assembly Meeting (The first), which is scheduled to take place through the use of modern communication technologies, at 06:30 PM on Wednesday 05-03-1444 corresponding to 20-09-2023. |
| 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 | 2023-09-20 Corresponding to 1445-03-05 |
| Time of the General Assembly’s Meeting | 18:30 |
| 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. |
| Quorum for Convening the General Assembly’s Meeting | The meeting of the ordinary general assembly will be valid if it is attended by shareholders representing at least 25% of the capital, and if the quorum required for holding the meeting is not available, the second meeting will be held an hour after the end of the period specified for holding the first meeting, and in all cases the second meeting is valid regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1. Review and discuss the Board of Directors Annual Report for the fiscal year ended on 31-03-2023.
2. Voting on the auditor report on the Company accounts for the fiscal year ended on 31-03-2023. 3. Review and discuss the financial statements for the fiscal year ended on 31-03-2023. 4.Voting on the Audit Committee recommendation to appoint the external auditor to examine, review and audit the financial statements for the second, third quarter of 2023, fourth quarter of 2024, Annual from 01-04-2023 to 31-03-2024 and the first quarter that ended on 30-06-2024 and set their fees. 5. Voting on the Board of Director’s recommendation to distribute dividends amounting to SAR (10,000,000) at SAR (0.50) per share, equivalent to (5%) of the nominal share value for the financial year ended on 31-03-2023, payable to shareholders at the closing of trading on Assembly Meeting Day, and for the Shareholders registry of the Securities Depository Center at the end of the second trading day following the eligibility date, dividends distribution date will be announced later. 6. Voting on the Board of Director’s recommendation to distribute additional dividends amounting to SAR (10,000,000) at SAR (0.50) per share, equivalent to (5%) of the nominal share value for the financial year ended on 31-03-2023, payable to shareholders at the closing of trading on Assembly Meeting Day, and for the Shareholders registry of the Securities Depository Center at the end of the second trading day following the eligibility date, dividends distribution date will be announced later. 7. Voting to pay (SAR900,000) as remuneration for the Board Members for the financial year ended 31-03-2023. 8. Voting to delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year ended 31-03-2024. |
| 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 Sunday 02/03/1445H corresponding to 17/09/2023 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 |
