ABDULLAH AL OTHAIM MARKETS COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE NINTH ORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING)
| Element List | Explanation |
|---|---|
| Introduction | Abdullah Al-Othaim Markets Company Board of Directors is pleased to invite the shareholders to attend the ordinary general assembly meeting through modern technology means using the Tadawulaty system, at AL Othaim Training Academy located in Eastern Ring Road between exits 14 and 15 Riyadh, the link of meeting location (http://cutt.us/sYfZ0), which will be held on Thursday 14th Ramadan 1441H corresponding to 7th May 2020G at 10:15 PM based on the circular of the Capital Market Authority to hold the general assembly meetings of joint stock listed companies remotely via virtual conferencing tools in order to ensure the safety of health of the relevant dealers of financial market. Moreover, this will support the precautionary measures issued by the relevant healthcare authorities & the government agencies of the kingdom to prevent the spread of the new Corona virus (COVID-19). In continuation of the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. The meeting will discuss the attached agenda. |
| City and Location of the General Assembly's Meeting | At AL Othaim Training Academy located in Eastern Ring Road between exits 14 and 15 Riyadh |
| URL for the Meeting Location | (http://cutt.us/sYfZ0) |
| Date of the General Assembly's Meeting | 2020-05-07 Corresponding to 1441-09-14 |
| Time of the General Assembly's Meeting | 22:15 |
| Attendance Eligibility | Attendance Eligibility to the Shareholders registered in the Company Shareholders Register in the Depository Center at the end of the trading session preceding the AGM via registration of electronic attendance and e-voting through using Tadawulaty system and as per the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | The quorum for the Ordinary General Assembly is the presence remotely of shareholders representing at least (50%) of the company's capital. If this quorum is not secured at the first meeting, a second meeting will be held within one hour of the expiry of the deadline set for the first meeting and shall be considered valid regardless of the number of shares represented therein. |
| General Assembly Meeting Agenda | Attached |
| Proxy Form |  |
| E-Vote | We also wish to point out the possibility of automated voting on the Assembly Agenda through the automated voting service starting at 10 am on Sunday 10/09/1441H corresponding to 03/05/2020G, until the end of the assembly meeting , registration and voting in Tadawulaty services will be free and available through using the link (http://tadawulaty.com.sa). |
| Eligibility for Attendance Registration and Voting | The right to registration to attend the assembly meeting ends at the start time of the meeting. and the right to vote on the Assembly's agenda for attendees ends at the end of the votes counting. |
| Method of Communication | Shareholders can address any questions or inquiries with regard the AGM Agenda starting at 10 am on Sunday, 03/05/2020G, until 11:00 AM on Thursday 07/05/2020G through e-mail (ir@othaimmarkets.com). |
| Attached Documents | |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.