Investor Relationship
In line with the Kingdom’s Vision 2030 AD, and our project to build a human being, we believe in the importance of preserving the Arab spirit and cultural values that distinguish us as a people, and at the same time we realize that development and progress are necessary to interact with the modern world and the future.
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors of Al Khaleej Training and Education Company is pleased to invite its shareholders to participate and vote in the Extraordinary General Assembly that includes the Capital Increase of the Company (the First Meeting) which is scheduled to be held, God willing, on Wednesday 28/03/1443H (corresponding to 03/11/2021G) at 8:30 pm by means of modern technology by using tadawulaty system, as part of the support of preventive and precautionary efforts and measures by the competent and relevant health authorities in the Kingdom Saudi Arabia to limit the spread of the Covid-19, and as an extension 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. |
| City and Location of the Extraordinary General Assembly’s Meeting | In Riyadh, by means of modern technologywww.tadawulaty.com.sa |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the Extraordinary General Assembly’s Meeting | 2021-11-03 Corresponding to 1443-03-28 |
| Time of the Extraordinary General Assembly’s Meeting | 20:30 |
| Attendance Eligibility | ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | The Extraordinary General Assembly is valid if attended by shareholders representing at least 50% of the Company’s capital. If the necessary quorum is not available to hold this meeting, a second meeting will be held an hour after the end of the period specified for convening the first meeting. The second meeting will be valid if attended by shareholders representing at least a quarter of the Company’s capital. |
| Meeting Agenda | Voting on the Board’s recommendation to increase the Company’s capital by way of Rights Issue according to the following:• Offering amount: two hundred million (200,000,000) Saudi Riyals
• Reasons and methods of changing capital: – Reasons of capital increase: the Company aims to increase its capital by offering rights issue shares to acquire assets in the education sector – Methods of changing capital: offering and listing twenty million (20,000,000) ordinary shares by way of Rights Issue. • Eligibility date: if the item is approved, eligible shareholders are those holding shares at the end of the trading day of the Extraordinary General Assembly approving the Capital Increase who are registered in the Company’s shareholders register at the Depository Center at the end of the second trading day following the Extraordinary General Assembly approving the Capital Increase. • Amendments of article (7) of the Company’s bylaws relating to capital (attached) • Amendments of article (8) of the Company’s bylaws relating to shares subscription (attached) |
| Proxy Form |  |
| E-Vote | Valued shareholders who are registered on tadawulaty electronic voting service can vote on the assembly agenda’s items from 10:00 am on Saturday 24/03/1443H (corresponding to 30/10/2021G) till the end of the general assembly meeting. Note that registration and voting is available free of charge to all shareholders by using the following link: https://tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any inquiry, please contact the investor relations at:Phone no. 0114623260 ext. 1593
or by Email adel-amin@alkhaleej.com.sa |
| Additional Information | All the data related to the agenda of the general assembly referred to above are available at the investor relations department in the company’s head office. |
| Attached Documents | |
The Capital Market Authority and the Saudi Stock 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.
