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THE SAUDI BRITISH BANK (SABB) ANNOUNCES THE COMMENCEMENT OF REMOTE VOTING ON THE AGENDA ITEMS OF EXTRA ORDINARY GENERAL MEETING, WHICH INCLUDES THE INCREASE IN THE SHARE CAPITAL OF SABB (FIRST MEETING) (REMINDER ANNOUNCEMENT)

SAB 1060 18.57% 41.50 6.50
Element List Explanation
Announcement Detail With reference to the announcement of the Saudi British Bank (SABB) on Saudi Stock Exchange’s (Tadawul) website on 19/8/1440H, corresponding to 24/04/2019G, regarding the invitation to attend the Extraordinary General Assembly Meeting which will be held on Wednesday 10/09/1440H, corresponding to 15/05/2019G at 9:00 pm, at the SABB’s Head Quarter in Riyadh. The Company 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 Sunday, 7 Ramadan 1440H corresponding to 12 May 2019, and will continue until 04:00 PM on the day of the Meeting, Wednesday, 15 May 2019. Please note that registration in Tadawulaty service and voting is provided free of charge for all shareholders through the following link: (www.tadawulaty.com.sa)

Furthermore, according to Article 191(4) of the Companies Law, a shareholder that holds shares in both SABB and Alawwal bank is only entitled to vote on resolutions relating to the Merger in the EGM of one of the companies. If a shareholder votes on the resolutions related to the Merger in the EGM of both SABB and Alawwal, then his vote will only be counted in one of the EGMs in coordination between the two banks.

For inquiries please contact the Shareholder Affairs Department on telephone no. 011-2764140 / 011-2764141 or by email [email protected]

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