Correction announcement from Alinma Tokio Marine Co. in regards to results of the Extraordinary General Assembly meeting (the first meeting) via modern technology means, after the completion of the quorum required to hold the first meeting
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website | 2023-10-25 Corresponding to 1445-04-10 |
| Hyperlink to the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | The shares of Alinma Tokio Marine will be delisted, and new shares will be issued in Arabian Shield for the benefit of eligible shareholders of Alinma Tokio Marine according to the shareholder register, taking into account the settlement procedures (2T+) at the end of the second trading day following the date of completion of the merger transaction. The new shares shall be deposited in the portfolios of Alinma Tokio Marine shareholders during a period of no less than the third trading period after the completion of the merger transaction and no more than the sixth trading period after the completion of the merger transaction. |
| Correct Statement | The shares of Alinma Tokio Marine will be delisted, and new shares will be issued in Arabian Shield for the benefit of eligible shareholders of Alinma Tokio Marine according to the shareholder register, taking into account the settlement procedures (2T+) at the end of the second trading day following the date of completion of the merger transaction. The new shares shall be deposited in the portfolios of Alinma Tokio Marine shareholders after two business days from the effective date of the merger and up to 6 business days.
ATMC would also like to mention that the member Mr. Beshr Muhammad Bakheet attended the meeting. |
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