| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Fesh Fash snack Food pro. co . is pleased to invite the honorable shareholders to participate and vote in the (extraordinary) general assembly meeting (the first and second meeting an hour after the first), which is scheduled to be held through modern technology, God willing, at exactly 19:30 at half past seven in the evening on Thursday 22/06/2023 AD corresponding to 04/12/1444 AH |
| City and Location of the General Assembly’s Meeting | At the company’s headquarters in Riyadh / via modern technology |
| URL for the Meeting Location | https://www.tadawulaty.com.sa“>https://www.tadawulaty.com.sa“>https://www.tadawulaty.com.sa“>https://www.tadawulaty.com.sa |
| Date of the General Assembly’s Meeting | 2023-06-22 Corresponding to 1444-12-04 |
| Time of the General Assembly’s Meeting | 19:30 |
| Attendance Eligibility | Shareholders registered in the issuer’s shareholders register at the Depository Center at the end of the trading session preceding the general assembly meeting and in accordance with the rules and regulations and the shareholder has the right to discuss the topics on the agenda of the assembly and ask questions. |
| Quorum for Convening the General Assembly’s Meeting | The convening of the Extraordinary general assembly meeting shall not be valid unless attended by shareholders representing at least half of the company’s capital, if this quorum is not available in the first meeting, the invitation to a second meeting is issued an hour after the end of the period specified for the first meeting, and in all cases the second meeting shall be valid, regardless of the number of shares represented in it. |
| General Assembly Meeting Agenda | 1) To vote on the split of the company’s shares according to the following: • The nominal value of the share before split is (10) Saudi riyals • The nominal value of the share after split is (1) One Saudi riyal • Number of shares before split was 1,130,000 shares • Number of shares after split will be 11,300,000 shares • There is no change in the company’s capital before and after the stock split Effective date: If the clause is approved, the decision will be effective for all the company’s shareholders who own shares on the day of the extraordinary general assembly and are registered in the company’s shareholder register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the general assembly. The effect of the decision will be applied to the share price starting from the working day following the general assembly, provided that the number of shares in shareholders’ portfolios is applied at the end of the second trading day following the date of the Extraordinary General Assembly in which it was decided to split the shares. • Amending Article No. (7) of the Company’s Articles of Association relating to the company’s capital (attached) • Amendment of Article No. (8) of the Company’s Articles of Association relating to subscription to shares (attached) 2) To vote on adding an article to the company’s articles of association No (12) related to (the company’s purchase, sale and mortgage of its shares) (attached) 3) To vote on adding an article to the company’s articles of association No (13) related to (debt tools and financing sukuk) (attached) 4) To vote on adding an article to the company’s articles of association No (22) related to (selling the company’s assets) (attached) 5) To vote on adding an article to the company’s articles of association No (23) related to (disclosure of interest in business and contracts) (attached) 6) To vote on adding an article to the company’s articles of association No (24) related to (disclosure of the company’s competition work) (attached) 7) To vote on adding an article to the company’s articles of association No (25) related to (duties of care and loyalty) (attached) 8) To vote on adding an article to the company’s articles of association No (28) related to (Issuing Board decisions in urgent matters) (attached) 9) To vote on adding an article to the company’s articles of association No (29) related to the (evaluating decisions criteria) (attached) 10) To vote on adding an article to the company’s articles of association No (32) related to the (annual ordinary general assembly) (attached) 11) To vote on adding an article to the company’s articles of association No (48) related to (interim dividend distribution) (attached) 12) To vote on amending the company’s articles of association in line with the new companies regulations. (attached) 13) To vote on rearranging and numbering the articles of the company’s articles of association to comply with the proposed amendments in the items, if approved. (attached) |
| Proxy Form | 📄 Form |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders registered in Tadawul can vote electronically remotely on the items of the Ordinary General Assembly starting from one am on Sunday, June 18, 2023 until the end of the time of the General Assembly, and voting and registration in Tadawulaty service will be available and free of charge to all shareholders using the following link: https://www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience 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 |
| Method of Communication | In the event of any inquiries ,please contact the Shareholders Relations Department (0114981916 ext. 800 / email a_almatroudi@feshfashfoo.com). |
| Attached Documents | 📄 File 1 📄 File 2 |
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.