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BUPA ARABIA FOR COOPERATIVE INSURANCE COMPANY ANNOUNCES THE APPROVAL OF THE APPOINTMENT OF BOARD MEMBERS REPRESENTING THE FOREIGN SHAREHOLDER (BUPA INVESTMENTS OVERSEAS LIMITED)

8210
BUPA ARABIA
2.34 %
1437/07/07     01/05/2016 08:00:42

Bupa Arabia for Cooperative Insurance Co. announces that the Board of Directors approved on Wednesday 6th of Rajab 1437H corresponding to 13th of April 2016G the appointments of: Mr. Martin Potkins (Non-Executive) and Mr. Paul Davis (Non-Executive) as Board Members representing the foreign shareholder (Bupa Investments Overseas Limited).The approval for these appointments will be presented to the next General Assembly Meeting for the approval of the public shareholders.

Mr. Paul Davis is the Risk & Compliance Director for Bupa International Development Markets (IDM), and he has a Bachelor degree in Law from the University of Reading, England, United Kingdom.

Mr. Martin Potkins is the Corporate Controller for the Bupa Group, and has a Bachelor degree in Computer Science and Mathematics from the University of Manchester, England, United Kingdom.

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.

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Key Parameters
Last Price 244.6
Net Change 5.6 (+2.34%)
Value Traded (Sar) 11,356,271.8
Volume Traded 46,461
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