IssuerAnnouncementDetailsV2Portlet
Actions
The Saudi British Bank Announces the Results of its Extra Ordinary General Meeting (first meeting)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of the Saudi British Bank (SAB) is pleased to announce the results of the Extra Ordinary General Assembly’s Meeting (First Meeting) |
| City and Location of the General Assembly's Meeting | Head Office, Prince Abdulaziz Bin Musaid Bin Jalawi Street in Riyadh - by means of virtual meeting platform. |
| Date of the General Assembly's Meeting | 2023-05-31 Corresponding to 1444-11-11 |
| Time of the General Assembly's Meeting | 18:45 |
| Percentage of Attending Shareholders | %73.3722 |
| Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees | The following members of the board of directors attended the meeting: 1. Ms. Lubna Suliman Al-Olayan (Chair) 2. Mr. Saad Abdulmohsen Al Fadly (Vice Chair) 3. Mr. Mohammed Omran Al Omran 4. Mr. Suliman bin Abdulrahman AlGwaiz 5. Mr. Mohamed Rasheed Almaraj 6. Mr. Anthony William Cripps While the following directors excused themselves from attending: 1. Mr. Samir Assaf 2. Mr. Martin Powell 3. Mr. Stephen Moss 4. Mr. Stuart Gulliver 5. Mr. Ahmed Farid Al-Aulaqi |
| Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf | 1. Ms. Lubna Suliman Al-Olayan (Executive Committee Chair) 2. Mr. Saad Abdulmohsen Al Fadly (On behalf of Nomination and Remuneration Committee Chair) 3. Dr. Ammr Khalid Kurdi (On behalf of Audit Committee Chair) 4. Mr. Suliamn Abdulrahman AlGwaiz (Board Risk Committee Chair) 5. Mr. Mohamed Rasheed Almaraj (On behalf of Technology and Digital Committee Chair) |
| Voting Results on the Items of the General Assembly's Meeting Agenda's | 1) Approved amending Article (2) of the Company’s bylaws relating to (Company Name). 2) Approved amending Article (13) of the Company’s bylaws relating to (Capital Increase). 3) Approved amending Article (16) of the Company’s bylaws relating to (Issuance and Offering of Debt Instruments). 4) Approved amending Article (22) of the Company’s bylaws relating to (Authorities of the Chairman, Vice-Chairman and Managing Director). 5) Approved amending Article (23) of the Company’s bylaws relating to (Authorities of the Managing Director). 6) Approved amending the Bylaws to align with the new Companies Law. 7) Approved the rearrangement of articles and their numbering in the Company’s Bylaws. 8) Approved amending the Audit Committee Terms of Reference. |
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.
Share
Company Performance
Key Parameters
Last Price 34.6
Net Change 0.08 (+0.23%)
Value Traded (Sar) 9,555,154.5
Volume Traded 276,889
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions