3730 Prince Saud Al Faisal, Al Khalidiyah District, Jeddah 23423
Saudi Enaya Cooperative Insurance Co. Invites its Shareholders to Attend the (First Meeting) Extraordinary General Assembly Meeting
Element list | Explanation | |
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Introduction | The Board of Directors of Saudi Enaya Cooperative Insurance Company (“Enaya”) is pleased to invite the shareholders to attend and to vote in the Extraordinary General Meeting (The First Meeting, and second meeting one hour after the first meeting) through modern technology, which is scheduled to be held at [18:30] in the evening of Tuesday dated (21/05/1445H) corresponding to (05/12/2023G). | |
| Remotely via modern technological means by using the Tadawulaty system for electronic voting only via the link:
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| https://app.jameeah.com/meetings/ | |
| 2023-12-05 Corresponding to 1445-05-21 | |
| 18:30 | |
| Shareholders registered in the issuer’s shareholders registry in the Edaa Center at the end of the trading session attend the Extraordinary General Assembly Meeting as per Laws and Regulations. | |
| The First Meeting shall be valid only if attended by shareholders representing at least half of the capital. If the necessary quorum for holding the First Meeting is not achieved, a second meeting will be held an hour after the end of the period specified for the First Meeting, and the second meeting will be valid if attended by shareholders representing at least a quarter of the capital. | |
General Assembly Meeting Agenda | (1) To vote on the proposal submitted by the United Cooperative Assurance (“UCA”) to merge Enaya into UCA in accordance with the provisions of Articles (225), (227), (228) and (229) of the Companies Law, through the issuance of 19,260,167 new shares in UCA in exchange for shares of the capital of Enaya, and the termination of Enaya as a result, in accordance with the relevant statutory requirements and the terms and conditions of the merger agreement concluded between Enaya and UCA on 11/11/1444H (corresponding to 31/05/2023G), amended on 13/01/1445H (corresponding to 31/07/2023G) (he “Merger Agreement”), including voting on the following matters related to the merger deal:
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| https://www.saudiexchange.sa/Resources/fsPdf/17274_516_2023-11-14_11-58-50_en.pdf | |
| Shareholders registered in Tadawulaty electronic voting services will be able to vote electronically on the assembly items, starting from [1:00] in the morning on Friday dated 17/05/1445H corresponding to 01/12/2023G until the end of the Extraordinary General Assembly time. Registration and voting through Tadawulaty is available and free of charge to all shareholders using the following link:
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Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly's Meeting Ends upon the Convening of the General Assembly's Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes. Each shareholder has the right to discuss the topics on the General Assembly agenda and ask questions. | |
Method of Communication | Any questions or quires should be communicated to Investor Relation Officer by calling: 0122119443 – 0122119417 0556775333 - 0552200681 Or by email to [email protected] | |
Additional Information | The shareholder has the right to delegate another person to attend on his behalf by virtue of a written power of attorney, provided that the representative is not a member of the Board of Directors or an employee of the company, and provided that it is approved by: the Chambers of Commerce when the shareholder is registered with one, or if the shareholder is a company or legal institution, or a bank or authorized persons in the Kingdom, provided that the principal has an account with the bank or the authorized person who performs attestation or notaries, or persons authorized to do notarial work. The shareholder or his agent must provide the company with a copy of the power of attorney at least two days before the date of the First Meeting, and send it to( [email protected] ), and the representative must present the original power of attorney before the assembly, and all shareholders / representative must bring ID. | |
| https://www.saudiexchange.sa/Resources/fsPdf/17274_516_2023-11-14_13-14-57_en.pdf |
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