IssuerAnnouncementDetailsV2Portlet
Actions
Etihad Etisalat Co. (Mobily) announces the opening of nominations for membership of the Board of Directors
| Element List | Explanation |
|---|---|
| Introduction | Etihad Etisalat Co. (Mobily) announces the opening of nominations for membership of the Board of Directors for the upcoming term, which will commence on December 1, 2024, for 4 years and conclude on November 30, 2028. Nominations for membership of the Board of Directors shall be in accordance with the provisions of the Companies Law issued by Ministry of Commerce, the Corporate Governance Regulations issued by the Capital Market Authority (CMA), in addition to the Company’s Articles of Association and the Policy, Criteria, and Procedures for Board Membership approved by the General Assembly (attached). Shareholders who wish to nominate themselves for membership of the Board of Directors, and who meet the qualifications and criteria for membership, are required to submit their nomination applications within the specified period and in accordance with the details provided in this announcement. The nominated members will be elected at the upcoming General Assembly meeting, the date of which will be announced later after obtaining the necessary approvals from the relevant authorities. |
| Type of Assembly | New Session |
| Term Start Date | 2024-12-01 |
| Term End Date | 2028-11-30 |
| Number of members | 10 |
| Nomination Start Date | 2024-09-19 Corresponding to 1446-03-16 |
| Nomination End Date | 2024-10-19 Corresponding to 1446-04-16 |
| Applications Submission Method | Shareholders interested in nominating themselves are kindly requested to complete all forms electronically as outlined in the Company’s Board of Directors Membership Policies, Standards and Procedures (attached). Nominations must be submitted within the specified timeframe and in accordance with the details provided in this announcement. Nomination applications and supporting documents shall be delivered in person, by courier, or by email to the following address: Corporate BoD Secretariat - Etihad Etisalat Co. (Mobily) Al Olaya District - Kingdom Tower, 26th floor - Riyadh Tel: 0560311457 Email: bn2024@Mobily.com.sa |
| Policy and criteria of nomination | Nominations shall be in accordance with the provisions of the Companies Law, the Corporate Governance Regulations issued by the CMA, and the Company’s Articles of Association, as well as the Company’s Policy, Criteria, and Procedures for Board Membership. All the following documents should be attached to the nomination application: 1. A letter to the Company expressing the candidate’s interest in being a Board member, accompanied by a curriculum vitae, qualifications, and experience in the Company’s business in accordance with the relevant forms and regulatory requirements. 2. A statement listing the names of the joint-stock companies whose Board of Directors the candidate is a member of. 3. A statement of the names of companies or institutions that the candidate is involved in managing or owning, and which conduct business similar to the Company. 4. A completed Arabic and English signed copies of Form No. (3) issued by the CMA for nomination to the Board of Directors (attached). 5. A completed Form No. (1) curriculum vitae in both Arabic and English (attached). 6. A clear and valid copy of the national ID card, family card (if any), passport (for non-Saudis), and any other relevant documents required by the Company to meet the regulatory requirements shall be attached to the nomination application. 7. Candidates must review the relevant rules and regulations, including the Policy, Criteria, and Procedures for Board Membership at Etihad Etisalat Co. (Mobily) and its committees, and shall be responsible for ensuring compliance therewith. |
| Attachment of the CMA approved resume for the nominees for board memberships in the joint-stock companies listed on the Saudi Exchange |  |
| Attached Documents | |
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 50.7
Net Change 0.1 (+0.2%)
Value Traded (Sar) 14,086,932.9
Volume Traded 278,402
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions