THE NATIONAL COMMERCIAL BANK (NCB) ANNOUNCES THE COMMENCEMENT OF REMOTE VOTING ON THE AGENDA ITEMS OF THE EXTRAORDINARY GENERAL ASSEMBLY MEETING, WHICH INCLUDES THE INCREASE IN THE SHARE CAPITAL OF NCB (FIRST MEETING) (REMINDER ANNOUNCEMENT)
|Announcement Detail||Further to the announcement made by the National Commercial Bank (“NCB”) on the Saudi Stock Exchange’s (Tadawul) website on 26/06/1442H (corresponding to 08/02/2021G) in relation to the invitation to attend the Extraordinary General Assembly Meeting which will be held at 19:30 on Monday 17/07/1442H (corresponding to 01/03/2021G), by means of modern technology, this is in support of the preventive and precautionary efforts and measures exerted by the competent and relevant health authorities to address the emerging Corona Virus (COVID-19), and as an extension of the continuous efforts exerted by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. |
NCB is pleased to remind its shareholders who are registered in Tadawulaty that remote voting on the agenda items of Extraordinary General Assembly Meeting commenced this morning at 10:00 AM on Thursday, 13/07/1442H (corresponding to 25/02/2021G), and will continue until the commencement of the Extraordinary General Assembly Meeting at 19:30 on Monday 17/07/1442H (corresponding to 01/03/2021G), through Tadawulaty website, noting that the registration and voting in Tadawulaty services are provided free of charge for all shareholders through the following link: www.tadawulaty.com.sa, through which the shareholders will be able to participate and vote on the items of the Extraordinary General Assembly Meeting through (electronic voting).
Furthermore, in accordance with Article 191(4) of the Companies Law, a shareholder that holds shares in both NCB and Samba Financial Group is only entitled to vote on resolutions relating to the Merger in the EGM of one of the banks. If a shareholder votes on the resolutions related to the Merger in the EGM of both NCB and Samba Financial Group, then his or her vote will only be counted in one of the EGMs in coordination between the two banks.
For further inquiries, please contact Shareholders Affairs Department at NCB during the Extraordinary General Assembly Meeting via phone: 0126464000 or by email at ShareholdersAffairs@alahli.com.
We would like to note that there will be a live audio broadcast of the Extraordinary General Assembly Meeting through the link available at Tadawulaty.
The Capital Market Authority and the Saudi Stock 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.