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ABDULLAH AL OTHAIM MARKETS COMPANY ANNOUNCES THE RESULTS OF ITS ORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING)

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Introduction Abdullah Al-Othaim Markets Company announces the results of its ordinary General Assembly meeting (first meeting) after the legal quorum was secured, as the results of the voting on the assembly agenda as follows:
City and Location of the General Assembly's Meeting Through modern technology means in the Company Head Quarter –Riyadh City using the Tadawulaty system.
Date of the General Assembly's Meeting 2022-09-27 Corresponding to 1444-03-01
Time of the General Assembly's Meeting 18:30
Percentage of Attending Shareholders 66.83
Names of the Board of Directors' Members Present at the General Assembly's Meeting and Names of the Absentees the Board Members mentioned below attended the meeting:

1) Mr. Abdullah Saleh Ali Al Othaim (Chairman of The Board)

2) Eng. Bader Hamed Abdulrazak Alaujan (Vice Chairman of The Board)

3) Mr. Bandar Nasser Hamad Al Tamimi.

4) Dr. Raed Abdullah Ibrahim Al Hogail

5) Mr. Saad Ibrahim Saad Al Mushawah

6) Mr. Abdulaziz Abdullah Saleh Al Othaim

7) Dr. Abdulkarim Hamad Abdulkarim Al Nujaidi

8) Mr. Mohammed Hasan Ibrahim Al Shuhail

9) Mr. Muwaffaq Mansour Mohammed Jamal

Names of the Chairmen of the Committees Present at the General Assembly's Meeting or Members of such Committees Attending on Their Behalf The Meeting attended by:

1) Eng. Bader Hamed Abdulrazak Alaujan (Chairman of The Executive Commiittee).

2) Dr. Raed Abdullah Ibrahim Al Hogail (Chairman of the Audit Committee).

3) Mr. Saad Ibrahim Saad Al Mushawah (Chairman of Remunerations and Nominations Committee

Voting Results on the Items of the General Assembly's Meeting Agenda's 1) Approval of the transactions and contracts that will be concluded between the company and Al Othaim Holding Company, where each of (the Chairman of the Board of Directors Mr. Abdullah Saleh Ali Al Othaim, and the Board of Directors Member Mr. Abdulaziz Abdullah Saleh Al Othaim) they have an indirect interest, the transaction is selling the shares owned by Abdullah Al-Othaim Markets Company in the capital of Abdullah Al-Othaim Investment Company amounting to (13,653,850) shares with a total value of SR (846,538,700), without any preferential conditions.

2) Approval of the transactions and contracts that will be concluded between the company and Abdullah Al-Othaim Investment Company, where each of (the Chairman of the Board of Directors Mr. Abdullah Saleh Ali Al Othaim, and the Board of Directors Member Mr. Abdulaziz Abdullah Saleh Al Othaim) they have an indirect interest, the transaction is selling a land owned by Abdullah Al-Othaim Markets Company in Madinah Al-Munwarah, with an area of (105,663.79) square meters with a total value of SR (211,327,580), without any preferential conditions.

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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