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
Date of the Extraordinary General Assembly’s Meeting
2021-11-03 Corresponding to 1443-03-28
Time of the Extraordinary General Assembly’s Meeting
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.
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)
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
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.
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.
حقوق النشر محفوظة ، جميع المعلومات المذكورة في الموقع الإلكتروني قابلة للتغيير والتعديل دون إخطار مسبق، ولا تتحمل شركة الخليج للتدريب والتعليم أي مسؤولية عن أي ضرر ولا يوجد لدينا أي التزام لأي طرف ...