Edarat Communication and Information Technology Co.(EDARAT) would like Invite its Shareholders to attend the ( First Meeting ) Extraordinary General Assembly Meeting
|Introduction||The Board of Directors of Edarat Communications and Information Technology Company (EDARAT) is pleased to invite the shareholders. |
to participate and vote in the Extraordinary General Assembly Meeting (first meeting)
which is scheduled to be held, God willing, at 20:30 pm on Sunday 30/03/1445 H - 15/10/2023
|City and Location of the General Assembly's Meeting||Remotely (by means of modern technology) |
in the company’s headquarters - Riyadh, by using "Tadawulaty" system only
|URL for the Meeting Location||https://www.tadawulaty.com.sa|
|Date of the General Assembly's Meeting||2023-10-15 Corresponding to 1445-03-30|
|Time of the General Assembly's Meeting||20:30|
|Attendance Eligibility||Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors.|
|Quorum for Convening the General Assembly's Meeting||The Extraordinary General Assembly Meeting is not valid unless attended by shareholders representing at least half of the capital. If this quorum is not met for holding this meeting, a second meeting will be held one hour after the end of the time specified for the first meeting. In all cases, the second meeting will be valid if attended by a number of shareholders representing at least a quarter of the capital.|
|General Assembly Meeting Agenda||1. Vote on Setting the Company's Authorized Capital. Details are as follows: |
Authorized Capital After Amendment: 50,000,000.
No Change in the Number of Company Shares Before and After the Authorized Capital Increase.
Amendment to Article 7 of the Company's Bylaws Related to Capital. (Attached)
2.Vote on Amending the Company's Bylaws in accordance with the new corporate Bylaws. This includes reorganizing and renumbering the bylaws to match the proposed changes. (Attached)
3. Vote on Amending the Audit Committee's Bylaws. (Attached)
|The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any)||Shareholders, registered in Tadawulaty services, |
can vote electronically on the Assembly articles,
starting at 1:00 a.m. on Wednesday 11-10-2023 AD - 26/03/1445 H, till the end of the Assembly time.
Registration and voting on Tadawulaty services will be available free of charge to all shareholders through 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 additional enquiries, please contact the Investor Relations Representative Mr. Mohammed Alnoaimi (0581822902). |
Emails can also be sent to the Investor Relations email (email@example.com).
Address: Saudi Arabia, Riyadh - King Abdulaziz Road - Alyasmin District - (firstname.lastname@example.org).
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.