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Shatirah House Restaurant Co. "BURGERIZZR" calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Burgerizzr are pleased to invite the esteemed shareholders to participate and vote in the Extraordinary General Assembly Meeting (First Meeting) that contains Capital Increase, which is scheduled to be held through modern technology means, God willing, at 8:30 p.m. on Thursday, 12/07/1447H, corresponding to 01/01/2026G. |
| City and Location of the Extraordinary General Assembly's Meeting | The Company Head Office in Riyadh, Kingdom of Saudi Arabia - Through modern technology means via Tadawulaty platform. |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2026-01-01 Corresponding to 1447-07-12 |
| Time of the General Assembly’s Meeting | 20:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | 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. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The extraordinary general assembly meeting shall be valid if it is attended by shareholders representing at least half of the capital. If the quorum necessary for holding this meeting is not available, the second meeting will be held an hour after the end of the period specified for the first meeting |
| Meeting Agenda | 1. Voting on the amendment to Article Four regarding the purposes of the company, (attached). 2. Voting on adding a new Article to the company’s bylaws, related to the company’s purchase, sale, and pledge of its own shares (attached). 3.Voting on the recommendation of the Board of Directors regarding the increase of the company’s capital by granting bonus shares to the company’s shareholders according to the following: A. The company's capital before the increase is 35,000,000 (thirty-five million Saudi Riyals). B. The capital after the increase is 56,000,000 (fifty-six million Saudi Riyals) C. The percentage increase in capital is 60%. D. The number of shares before the increase is 35,000,000 (thirty-five million shares). E. The number of shares after the increase is 56,000,000 (fifty-six million shares) H. Reasons for the increase: The company aims to increase its capital to keep pace with its growth, expand its operations, and strengthen its financial position. I. Nature and value of the reserves to be used in the capitalization issuance: The company's capital will be increased by capitalizing retained earnings in the total amount of 21,000,000 (twenty-one million Saudi Riyals), by granting three free shares for every five shares owned by the shareholders. I. In the event that the item is approved, the date of eligibility for the bonus shares will be for the company’s shareholders who own shares on the day of the extraordinary general assembly, who are registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the extraordinary general assembly. In the event that there are fractional shares, they will be collected in one portfolio for all shareholders, sold at the market price, and then its value will be distributed among the shareholders eligible for the grant, each according to his share, within a period not exceeding 30 days from the date of determining the shares due to each shareholder. J. Amending Article 7 of the company’s bylaws, which is related to the capital. (attached) K. Amendment of Article 8 of the company's bylaws related to subscription to shares. (attached) |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members, noting that the voting is free of charge for all Shareholders via: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders in Tadawulaty services can remotely vote on the items of the General Assembly starting from 1:00 a.m. on Sunday, 08/07/1447H, corresponding to 28/12/2025G, until the end of the Assembly session. Registration and voting through Tadawulaty services will be available and free of charge for all shareholders using the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | For inquiries and questions about the agenda items of the Extraordinary General Assembly, you can contact the Investor Relations Tel: 0115200904 Email: invest@BURGERIZZR.com |
| 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.
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Last Price 7.86
Net Change -0.11 (-1.38%)
Value Traded (Sar) 950,048.23
Volume Traded 120,287
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