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| Introduction | The Board of Directors of Saudi Cable Company is pleased to invite the Shareholders to attend the Ordinary General Assembly Meeting (1st Meeting) by means of Modern Technology remotely via Tadawulaty services based on the Capital Market Authority’s circular stipulating that the assemblies of listed joint-stock companies should be held by means of modern technology remotely and suspend assemblies in presence until further notice, in order to ensure the safety of people in the financial market and within the support of the efforts and preventive and precautionary measures by the competent and relevant health authorities to limit the new corona virus COVID19, and in extension to the continuous efforts made by all government agencies in the Kingdom of Saudi Arabia to take the necessary preventive measures to prevent its spread. |
| City and Location of the General Assembly’s Meeting | Saudi Cable Company’s Head Office, Jeddah, Saudi Arabia |
| URL for the Meeting Location | https://goo.gl/maps/vVG1GLqYWN2fr3sa9 |
| Date of the General Assembly’s Meeting | 2020-09-27 Corresponding to 1442-02-10 |
| Time of the General Assembly’s Meeting | 18:30 |
| Attendance Eligibility | Shareholders Registered in the Issuer’s Shareholders Registry in the Depository Center at the End of the Trading Session Preceding the General Assembly’s Meeting to record their electronic presence and voting using Tadawulaty service system as per Laws and Regulations |
| Quorum for Convening the General Assembly’s Meeting | The validity of the Ordinary General Assembly Meeting is subject to the attendance of a number of Shareholders representing at least one quarter of the Company’s capital. Failing such a quorum at the first meeting, another meeting will be convened one hour after the end of the period declared for the first meeting. However, the second meeting will be valid irrespective of the number of the shares represented in it. |
| General Assembly Meeting Agenda | Item (1): Voting on electing two members for the Board of Directors among nominees to fill the vacancies, starting from date of the Ordinary General Assembly on 10/02/1442H, corresponding to 27/09/2020 up to the end of the term on 29/05/1442H, corresponding to 13/01/2021 (Attached: Nominees’ CVs). |
| Proxy Form | See in Arabic Announcement |
| E-Vote | Note that shareholders registered on Tadawulaty services can vote remotely (on line) on the items of the Ordinary General Assembly Meeting, starting at (10 am) on (Thursday) 07/02/1442H corresponding to 24/09/2020 up to the ending time of the convention of the Ordinary General Assembly, and the registration and voting via Tadawulaty services is available for free for the 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 convention of the Ordinary General Assembly Meeting. Eligibility for voting on the Agenda of the Meeting shall end upon the Counting Committee concludes counting the votes. |
| Method of Communication | For any further inquiries, please, contact : Shareholders Department via Telephone No. 0126087500 or Fax No.: 0126352220 or email: (Investor.Relations@saudicable.com) |
| Additional Information | N/A |
| Attached Documents | See in Arabic Announcement |
