| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors of Saudi Cable Company is pleased to invite the respective Shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third meeting) scheduled to be held by God Willing at 6:30 on Sunday, 19 Rajab 1443H, corresponding to 20 February 2022, via means of modern technology using Tadawulaty system to ensure the safety of Shareholders and to support the preventive and precautionary efforts and measures by the competent and relevant health authorities to curb the new COVID19 Virus, as an extension of the continued efforts of all government agencies in Saudi Arabia to take the necessary preventive measures to prevent its spreading. |
| City and Location of the Extraordinary General Assembly’s Meeting | Company’s Head office in Jeddah – Via means of modern technology. |
| URL for the Meeting Location | WWW.TADAWULATY.COM.SA |
| Date of the Extraordinary General Assembly’s Meeting | 2022-02-20 Corresponding to 1443-07-19 |
| Time of the Extraordinary General Assembly’s Meeting | 06:30 |
| Attendance Eligibility | ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | The third meeting will be valid with the Shareholders who attended. |
| Meeting Agenda | 1. To vote on the Board’ recommendation regarding decrease of the Company’s capital, as the following: – Company’s capital before the decrease: (360,614,060) Saudi Riyal. – Company’s capital after the decrease: (262,311,060) Saudi Riyal. – Number of Shares before the decrease: (36,061,406) shares. – Number of Shares after the decrease: (26,231,106) shares. – The percentage of the capital decrease: 27.26% of the Company’s capital. – Reasons for capital decrease: Restructuring of the capital in order to write-off (100%) of the accumulated losses as of 31 March 2021, an amount of (98,303,000) Saudi Riyal. – Method of capital decrease: Cancellation a number of (9,830,300) of the Company’s shares, such that, 1 share shall be decreased per 3.6684 share. – Date of decrease: End of the second trading day following the date of the Extraordinary General Assembly meeting that approved the capital decrease. – Impact of Capital decrease on Company’s obligations: Capital decrease will not impact the Company financial obligations. -To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached). 2. To vote on the Board recommendation regarding Company’s Capital increase through offering of rights issue , as the following: – Company’s capital before the increase: (262,311,060) Saudi Riyal.- Increase of the Company’s Capital through offering of rights issue, an amount of (500,000,000) Saudi Riyal. – Company’s capital after the increase: (762,311,060) Saudi Riyal. – Number of Shares before the increase: (26,231,106) shares. – Number of Shares after the increase: (76,231,106) shares. – Reasons for capital increase: Restructuring of the Company’s capital in order to inject new capital to secure working capital to enable the Company to increase operational capacity and support its future activities. – Method of capital increase: Offering and listing of rights issue (50,000,000) Shares. – Eligibility’s date: Upon approval of this item, eligibility shall be for the Shareholders on the day of the Extraordinary General Assembly convention, who are registered in the Shareholders’ register at the Securities Depository Center (Edaa) in the end of the second trading day following the date of the Extraordinary General Assembly convention. – To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached). – Voting on this item is subject to the Shareholders approval of the first item of EGA’s Agenda regarding the Company’s Capital decrease. |
| Proxy Form | Download |
| E-Vote | Noting that Shareholders registered on Tadawulaty services can vote remotely (on line) on the items of the Assembly Meeting, starting at 10:00 am on Friday, 17 Rajab 1443H corresponding to 18 February 2022 up to the ending time of the convention of the Extraordinary General Assembly, and the registration and voting via Tadawulaty services is available for free to all Shareholders on the following link. www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any further inquiries, please, Contact: Shareholders Affairs via phone No. (012) 6087500, or email: (Investor.Relations@saudicable.com). |
| Attached Documents | Download Download Download Download |
CERTIFICATIONS & AWARDS
Saudi Cable Co. Invites its Shareholders to Attend the Extraordinary General Assembly Meeting for Capital Decrease and Increase ( Third Meeting )
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors of Saudi Cable Company is pleased to invite the respective Shareholders to participate and vote in the Extraordinary General Assembly Meeting (Third meeting) scheduled to be held by God Willing at 6:30 on Sunday, 19 Rajab 1443H, corresponding to 20 February 2022, via means of modern technology using Tadawulaty system to ensure the safety of Shareholders and to support the preventive and precautionary efforts and measures by the competent and relevant health authorities to curb the new COVID19 Virus, as an extension of the continued efforts of all government agencies in Saudi Arabia to take the necessary preventive measures to prevent its spreading. |
| City and Location of the Extraordinary General Assembly’s Meeting | Company’s Head office in Jeddah – Via means of modern technology. |
| URL for the Meeting Location | WWW.TADAWULATY.COM.SA |
| Date of the Extraordinary General Assembly’s Meeting | 2022-02-20 Corresponding to 1443-07-19 |
| Time of the Extraordinary General Assembly’s Meeting | 06:30 |
| Attendance Eligibility | ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | The third meeting will be valid with the Shareholders who attended. |
| Meeting Agenda | 1. To vote on the Board’ recommendation regarding decrease of the Company’s capital, as the following: – Company’s capital before the decrease: (360,614,060) Saudi Riyal. – Company’s capital after the decrease: (262,311,060) Saudi Riyal. – Number of Shares before the decrease: (36,061,406) shares. – Number of Shares after the decrease: (26,231,106) shares. – The percentage of the capital decrease: 27.26% of the Company’s capital. – Reasons for capital decrease: Restructuring of the capital in order to write-off (100%) of the accumulated losses as of 31 March 2021, an amount of (98,303,000) Saudi Riyal. – Method of capital decrease: Cancellation a number of (9,830,300) of the Company’s shares, such that, 1 share shall be decreased per 3.6684 share. – Date of decrease: End of the second trading day following the date of the Extraordinary General Assembly meeting that approved the capital decrease. – Impact of Capital decrease on Company’s obligations: Capital decrease will not impact the Company financial obligations. -To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached). 2. To vote on the Board recommendation regarding Company’s Capital increase through offering of rights issue , as the following: – Company’s capital before the increase: (262,311,060) Saudi Riyal.- Increase of the Company’s Capital through offering of rights issue, an amount of (500,000,000) Saudi Riyal. – Company’s capital after the increase: (762,311,060) Saudi Riyal. – Number of Shares before the increase: (26,231,106) shares. – Number of Shares after the increase: (76,231,106) shares. – Reasons for capital increase: Restructuring of the Company’s capital in order to inject new capital to secure working capital to enable the Company to increase operational capacity and support its future activities. – Method of capital increase: Offering and listing of rights issue (50,000,000) Shares. – Eligibility’s date: Upon approval of this item, eligibility shall be for the Shareholders on the day of the Extraordinary General Assembly convention, who are registered in the Shareholders’ register at the Securities Depository Center (Edaa) in the end of the second trading day following the date of the Extraordinary General Assembly convention. – To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached). – Voting on this item is subject to the Shareholders approval of the first item of EGA’s Agenda regarding the Company’s Capital decrease. |
| Proxy Form | Download |
| E-Vote | Noting that Shareholders registered on Tadawulaty services can vote remotely (on line) on the items of the Assembly Meeting, starting at 10:00 am on Friday, 17 Rajab 1443H corresponding to 18 February 2022 up to the ending time of the convention of the Extraordinary General Assembly, and the registration and voting via Tadawulaty services is available for free to all Shareholders on the following link. www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any further inquiries, please, Contact: Shareholders Affairs via phone No. (012) 6087500, or email: (Investor.Relations@saudicable.com). |
| Attached Documents | Download Download Download Download |
Saudi Cable Co. Announces the Non convenience of its Extraordinary General Assembly’s Meeting regarding Capital Decrease and Increase (Second Meeting).
| ELEMENT LIST | EXPLANATION |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website | 2022-02-10 Corresponding to 1443-07-09 |
| URL of the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | The impact of the non-convention of the EGA regarding the Board recommendation on the Change of the Capital: N/A |
| Correct Statement | Saudi Cable Company is pleased is to clarify the impact of non-convention of the General Assembly regarding the Board Recommendation on the Change of the Capital, that it will invite for a third meeting to be held with the number who attended, and in the event that the Company’s Shareholders approved in the Extraordinary General Assembly meeting the decrease and increase of the Capital , the eligibility shall be for the Shareholders on the day of the Extraordinary General Assembly convention, who are registered in the Shareholders’ register at the Securities Depository Center (Edaa) in the end of the second trading day following the date of the Extraordinary General Assembly convention. |
| Additional Information | N/A |
Saudi Cable Co. Announces the Non convenience of its Extraordinary General Assembly’s Meeting regarding Capital Decrease and Increase (Second Meeting).
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Saudi Cable Co. announces that the Extraordinary General Assembly meeting (Second meeting) non-convention of the Extraordinary General Assembly on 8 Rajab 1443 H corresponding to 9 February 2022 through modern technology. |
| Indicate the date of the non-convened assembly | 2022-02-09 Corresponding to 1443-07-08 |
| City and Location of the General Assembly’s Meeting | Company’s Head office in Jeddah – Via means of modern technology. |
| Time of the General Assembly’s Meeting | 19:30 |
| The reason behind non-convening the assembly | For the lack of a quorum required for the extraordinary assembly to be convened, the attendance rate for the first meeting was (13.91%) and the attendance rate for the second meeting was (13.94%). |
| Percentage of Attending Shareholders | %13.94 |
| The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors on profits or on the work of the External Auditor (where applicable). | N/A |
| The impact of non-convening the assembly upon matters relating to the recommendations of the board of directors capital alterations | N/A |
| Additional Information | Accordingly, the Extraordinary General Assembly meeting was postponed, and will call for a third meeting which will be determined and announced later after obtaining the approval of the relevant authorities. |
تدعو شركة الكابلات السعودية مساهميها إلى حضور اجتماع الجمعية العامة غير العادية المتضمنة تخفيض وزيادة رأس مال الشركة (الاجتماع الأول)
Saudi Cable Co. Invites its Shareholders to Attend the Extraordinary General Assembly Meeting for Capital Decrease and Increase ( First Meeting ) (Reminder Announcement)
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | The Board of Directors of Saudi Cable Company is pleased to invite the respective Shareholders to participate and vote in the Extraordinary General Assembly Meeting (First meeting) scheduled to be held by God Willing at 06:30 p.m. on Wednesday, 8 Rajab 1443H, corresponding to 9 February 2022, via means of modern technology using Tadawulaty system to ensure the safety of Shareholders and to support the preventive and precautionary efforts and measures by the competent and relevant health authorities to curb the new COVID19 Virus, as an extension of the continued efforts of all government agencies in Saudi Arabia to take the necessary preventive measures to prevent its spreading. |
| City and Location of the Extraordinary General Assembly’s Meeting | Company’s Head office in Jeddah – Via means of modern technology. |
| URL for the Meeting Location | WWW.TADAWULATY.COM.SA |
| Date of the Extraordinary General Assembly’s Meeting | 2022-02-09 Corresponding to 1443-07-08 |
| Time of the Extraordinary General Assembly’s Meeting | 06:30 |
| Attendance Eligibility | ShareHolders Registered at the Depositary Center Registry at the End of the Trading Session Proceeding the General Assembly Meeting and as per the Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | Pursuant to Article (30) of the Company’s Bylaw, the convention of the Extraordinary General Assembly shall be valid if attended by Shareholders representing at least half of the capital, and if the quorum is incomplete to hold this meeting, a second meeting will be held an hour after the end of the period designated for the first meeting, provided that the invitation for calling the first meeting must include within the announcement the possibility of holding such meeting. Whilst under all situations the second meeting will be valid if attended by Shareholders representing at least a quarter of the capital. If the quorum is incomplete in the second meeting, shall call for a third meeting, and the third meeting will be valid no matter how many shares are represented after the approval of the relevant official Authorities. |
| Meeting Agenda | 1. To vote on the Board’ recommendation regarding decrease of the Company’s capital, as the following: – Company’s capital before the decrease: (360,614,060) Saudi Riyal. – Company’s capital after the decrease: (262,311,060) Saudi Riyal. – Number of Shares before the decrease: (36,061,406) shares. – Number of Shares after the decrease: (26,231,106) shares. – The percentage of the capital decrease: 27.26% of the Company’s capital. – Reasons for capital decrease: Restructuring of the capital in order to write-off (100%) of the accumulated losses as of 31 March 2021, an amount of (98,303,000) Saudi Riyal. – Method of capital decrease: Cancellation a number of (9,830,300) of the Company’s shares, such that, 1 share shall be decreased per 3.6684 share. – Date of decrease: End of the second trading day following the date of the Extraordinary General Assembly meeting that approved the capital decrease. – Impact of Capital decrease on Company’s obligations: Capital decrease will not impact the Company financial obligations. -To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached).2. To vote on the Board recommendation regarding Company’s Capital increase through offering of rights issue , as the following: – Company’s capital before the increase: (262,311,060) Saudi Riyal. – Increase of the Company’s Capital through offering of rights issue, an amount of (500,000,000) Saudi Riyal. – Company’s capital after the increase: (762,311,060) Saudi Riyal. – Number of Shares before the increase: (26,231,106) shares. – Number of Shares after the increase: (76,231,106) shares. – Reasons for capital increase: Restructuring of the Company’s capital in order to inject new capital to secure working capital to enable the Company to increase operational capacity and support its future activities. – Method of capital increase: Offering and listing of rights issue (50,000,000) Shares.- Eligibility’s date: Upon approval of this item, eligibility shall be for the Shareholders on the day of the Extraordinary General Assembly convention, who are registered in the Shareholders’ register at the Securities Depository Center (Edaa) in the end of the second trading day following the date of the Extraordinary General Assembly convention. – To amend Article No. (7) of the Company’s Bylaw on Company’s capital (Attached). – To amend Article No. (8) of the Company’s Bylaw on shares subscription (Attached). – Voting on this item is subject to the Shareholders approval of the first item of EGA’s Agenda regarding the Company’s Capital decrease. |
| Proxy Form | Download |
| E-Vote | Noting that Shareholders registered on Tadawulaty services can vote remotely (on line) on the items of the Assembly Meeting, starting at 10:00 am on Saturday, 4 Rajab 1443H corresponding to 5 February 2022 up to the ending time of the convention of the Extraordinary General Assembly, and the registration and voting via Tadawulaty services is available for free to all Shareholders on the following link. www.tadawulaty.com.sa. |
| Eligibility for Attendance Registration and Voting | Eligibility for Attendance Registration and Voting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes |
| Method of Communication | For any further inquiries, please, Contact: Shareholders Affairs via phone No. (012) 6087500, or email: (Investor.Relations@saudicable.com). |
| Additional Information | N/A |
| Attached Documents | Download Download Download Download |
Saudi Cable Co. announces the start of electronic voting on the Extraordinary General Assembly Meeting Agenda (First Meeting) (Reminder Announcement)
| ELEMENT LIST | EXPLANATION |
|---|---|
| Announcement Detail | With reference to Saudi Cable Company announcement in Tadawul website on January 18 , 2022 corresponding to Jmad Al-Thani 15, 1443H regarding inviting its shareholders to attend the Extraordinary General Assembly meeting, (The First Meeting) scheduled to be held at 18:30 pm on Wednesday, 8 Rajab 1443 H corresponding to 9 February 2022, through modern technology means. The company is pleased to remind its shareholders of the starting date of electronic voting. The shareholders registered in Tadawulaty Services can vote remotely on items of agenda of the general assembly, started on Saturday 04/07/1443 H corresponding to 05/02/2022 to end of time of holding the general assembly meeting. Registration and voting in Tadawulaty Services will be available for free to all shareholders by using the following link: https://www.tadawulaty.com.sa If you have any inquiry, please contact the management. 012/6087500 Or e-mail: Investor.Relations@saudicable.com |
| Attached Documents | Download |
Saudi Cable Co. announces the start of electronic voting on the Extraordinary General Assembly Meeting Agenda (First Meeting)
| ELEMENT LIST | EXPLANATION |
|---|---|
| Announcement Detail | With reference to Saudi Cable Company announcement in Tadawul website on January 18 , 2022 corresponding to Jmad Al-Thani 15, 1443H regarding inviting its shareholders to attend the Extraordinary General Assembly meeting, (The First Meeting) scheduled to be held at 18:30 pm on Wednesday, 8 Rajab 1443 H corresponding to 9 February 2022, through modern technology means. The company is pleased to remind its shareholders of the starting date of electronic voting. The shareholders registered in Tadawulaty Services can vote remotely on items of agenda of the general assembly on Saturday 04/07/1443 H corresponding to 05/02/2022 to end of time of holding the general assembly meeting. Registration and voting in Tadawulaty Services will be available for free to all shareholders by using the following link: https://www.tadawulaty.com.sa If you have any inquiry, please contact the management 012/6087500 Or e-mail: Investor.Relations@saudicable.com |
| Attached Documents | Download |
Saudi Cable Company Invites the Respective Shareholders to attend a meeting regarding discussing the decrease and the increase of the share capital via means of modern technology (Reminder Announcement)
| ELEMENT LIST | EXPLANATION |
|---|---|
| Announcement Detail | Saudi Cable company announces its intent to organize a meeting via means of the modern technology with the respective Shareholders to discuss the decrease and increase of the capital and answering of the Shareholders inquiries by the Members of the Board of Directors, the meeting shall be on Thursday, 02/07/1443H, corresponding to 03/02/2022, at (05:30) pm, the attendance eligibility shall be for each Shareholder registered in the Company’s Shareholders registry at the Securities Depository Center (Edaa) in the end of the trading session preceding this Meeting. The link for attending the meeting: http://www.any-meeting.com/?id=8788995929 |