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Horizon Educational opens board nominations for new term

Horizon Educational opens board nominations for new term
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Horizon Educational
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Riyadh — Mubasher: Horizon Educational Company announced the opening of nominations in relation to its board of directors for the upcoming four-year term, according to a bourse disclosure.

The company is seeking to elect six members for the session scheduled to begin on 8 December 2026 and conclude on 7 December 2030.

The nomination period opened on 8 July 2026 and will remain active until 8 August 2026.

Interested candidates must submit their applications and required documentation via email, mail, or hand delivery to the company’s headquarters in Riyadh.

According to the disclosure, nominees must comply with the Companies Law and Corporate Governance Regulations issued by the Capital Market Authority (CMA).

Candidates are restricted from holding board memberships in more than five listed joint-stock companies simultaneously.

Horizon Educational, which has a capital of SAR 25 million, confirmed that the election will take place during the next General Assembly meeting using the cumulative voting method.

Meanwhile, the date for the assembly will be announced following the receipt of necessary regulatory approvals.

Earlier in July, the Ordinary General Meeting (OGM) of Horizon Educational ratified significant updates to the company’s internal governance frameworks and operational policies.