The National Company for Learning and Education (NCLE) invites its shareholders to attend the ordinary general assembly meeting (the first meeting) by means of modern technology
| Element List | Explanation |
|---|---|
| Introduction | The board of directors of National Company for Learning & Education (NCLE) is pleased to invite all shareholders to participate and vote in the Ordinary General Assembly Meeting (The First Meeting) which will be held at 19:30 pm on Wednesday dated 04 / 06 /1444 corresponding to 28 / 12 / 2022 G through modern technology. |
| City and Location of the General Assembly's Meeting | NCLE’s Head Office at Riyadh, Alrayyan district via modern technology using Tadawulty platform |
| URL for the Meeting Location | http://tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2022-12-28 Corresponding to 1444-06-04 |
| Time of the General Assembly's Meeting | 19:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations |
| Quorum for Convening the General Assembly's Meeting | The General Assembly meeting shall be valid if attended by shareholders representing at least half of the Company’s capital. In the absence of a quorum required for holding the meeting, a second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting shall be valid regardless of the number of shares represented at it. |
| General Assembly Meeting Agenda | 1- Voting on the Board of Directors’ Report for the fiscal year ended on 31 August 2022 G.
2- Voting on the Company’s Auditor’s Report for the fiscal year ended on 31 August 2022 G. 3- Voting on the financial statements for the fiscal year ended on 31 August 2022 G. 4- Voting to appoint the Company’s auditor among the candidates based on the audit committee’s recommendation to examine, review and audit the financial statements for the third quarter of the fiscal year ending 2022/2023 G, the fiscal year ending on 31 August 2023 G, and the first and second quarters of the fiscal year ending 2023/2024, and determining their fees 5- Voting on Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year ended 31 August 2022, with a total amount of (51,600,000) riyals at (1.20) riyals per share, equivalent to 12% of the company's share capital. Provided that the eligibility of the shareholders who own the shares at the end of the trading session of the day of the assembly meeting and are registered in the company's shareholders ’register with the Edaa Center at the end of the second trading day following the maturity date, and the dividend distribution date will be announced later 6- Voting on the discharge of the Board of Directors’ members liability for the fiscal year ended 31/08/2022 G. 7- Voting on delegating the Board of Directors to distribute interim dividends in a semi-annually or quarterly manner for the fiscal year ending on 31 August 2023 G. 8- Voting on delegating the Board of Directors with the authority of the Ordinary General Assembly relating to the permission mentioned in paragraph (1) of Article (71) of the Companies Law, for one year from the consent date of the Ordinary General Assembly or until the end of the Board of Directors session whichever is earlier, in accordance with the regulatory rules and procedures issued and pursuant to the companies law relating to listed joint stock companies |
| Proxy Form |  |
| E-Vote | Shareholders registered on the Tadawulati Services website will be able to vote remotely on the General Assembly’s meeting agenda through the (Electronic Voting) service, which will start from Saturday morning 01:00 am dated 30 / 05/ 1444 corresponding to 24 / 12 / 2022 G, and ending when the General assembly meeting finishes. The registration and voting on the Tadawulaty platform is freely available for all shareholders by using the following link
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 | For inquiries, please contact the Investor Relations Department by phone number 0114926606 during the company's official working hours or by the E-mail of the Investor Relations Department.
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| Attached Documents | |
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