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Saudi Public Transport Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
Saudi Public Transport Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting).
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Public Transport Company (SAPTCO) is pleased to invite its shareholders to attend the Ordinary General Meeting (First Meeting), which is scheduled to be held on Sunday, 25th August, 2024, corresponding to 21st Safar, 1446, at (18:30) PM, via modern technology |
| City and Location of the General Assembly's Meeting | Through modern technology means and from the Company’s office in Riyadh (using the Tadawulaty system). |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2024-08-25 Corresponding to 1446-02-21 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | According to Article Thirty of the company’s bylaws, the ordinary general assembly meeting will not be held valid unless it is attended by shareholders representing at least a quarter of the company’s shares that have voting rights. If the necessary quorum is not available to hold this meeting, the second meeting will be held one hour after the end of the period specified for the first meeting. In all cases, the second meeting will be valid with any percent. |
| General Assembly Meeting Agenda |
1- Voting to elect members of the Board of Directors from among the candidates for the upcoming term, which will begin on January 1, 2025, for a period four years, and ending on December 31, 2028. 2- Voting on Amendments Remuneration & Nomination Committee Charter 3- Voting on Amendments to the Audit Committee Charter |
| Proxy Form | |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | The Shareholders have the right to discuss the topics on the agenda and ask questions. Shareholders can remotely vote on the Ordinary General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty using the following link: https://www.tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Shareholders registered on Tadawulaty will be able to vote remotely on the items of the Ordinary General Assembly through the (electronic voting) service, which will start from at one o'clock in the Morning – Wednesday, 21st August 2024 corresponding to Safar 17th , 1446, until the starting of the Assembly meeting. Registration and voting in Tadawulaty services will be available and free of charge to all shareholders through the following link: https://www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries |
In case of quires and questions, please don’t hesitate to contact the Shareholder Relations Department through the phone:
0112998111 ext. (1403 or 1432) Email: alyahyama@saptco.com.sa From Sunday to Thursday, 7:30 am until 3:30 pm. |
| Attached Documents |