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Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
för 2 år sedan
News Update From Fertiglobe plc
Disclosures: Fertiglobe plc Board Meeting Result (Dividend) to be held on 30/09/2024 at 18:00

The Board of Directors of Fertiglobe plc passed a written resolution on 30 September 2024, approving the distribution of interim cash dividends to the company's shareholders for the first half of the financial year 2024. The total amount approved is USD 150 million (equivalent to AED 551 million), which translates to approximately 6.6 fils per share. Key dates related to this dividend distribution include the last entitlement date on 8 October 2024, the ex-dividend date on 9 October 2024, and the shareholders’ registry closing date on 10 October 2024. The payment is scheduled to be made within 30 days from 30 September 2024. The notification was signed by Ms. Rita Guindy, Director of Investor Relations, and a copy was sent to the Securities and Commodities Authority.

1. Disclosures: Fertiglobe plc Board Meeting Result (Dividend) to be held on 30/09/2024 at 18:00

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Taaleem Holdings PJSC
Disclosure: BOD meeting

The text is a formal letter from Alan Williamson, the Chief Executive Officer of Taaleem Holding PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holding PJSC on Thursday, October 3, 2024, at 3:00 PM. The meeting will take place at the company's premises and via remote attendance. The agenda includes considering and approving the consolidated financial statements for the twelve-month period ending August 31, 2024, discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.

1. Disclosure: BOD meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Sukoon Insurance PJSC
Disclosure: Results of Board Decisions by Passing

Sukoon Insurance PJSC, with a paid-up capital of AED 461,872,125 and regulated by the Central Bank of the UAE, disclosed a resolution passed by its Board of Directors on Monday, 30th September 2024. The resolution, passed by circulation at 10:00 am, approved the company's Mid-Year Pricing and Underwriting Performance Report for the period ending 30th June 2024. This information was communicated to Mr. Hamed Ahmad Ali, Executive Chief Officer of the Dubai Financial Market, with a copy sent to Mrs. Maryam Butti Al Suwaidi, Deputy CEO of Licensing, Supervision, and Enforcement Affairs at the Securities and Commodities Authority in Abu Dhabi.

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on DNIR shares after disclosing the results of its BOD meeting
Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Dubai National Insurance & Reinsurance
Disclosure: Results of BOD Meeting

1. Disclosure: Results of BOD Meeting

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Emirates Central Cooling Systems Corporation PJSC
Disclosure: Results of Board Decisions by Passing

1. Disclosure: Results of Board Decisions by Passing

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on DNIR shares starting from 9:30 AM as its BOD meeting is being held today, 30-09-2024 and until results are disclosed
Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From BHM Capital Financial Services PSC
Disclosure: Notification from the company

BHM Capital Financial Services P.S.C, a private joint stock company regulated by the SCA, has notified Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, that the Liquidity Provision Agreement for Agility Global PLC’s shares listed on the ADX will expire on September 30, 2024. Both parties have mutually agreed to terminate the agreement and not extend it for another term. The notification was submitted through the EFSAH System. The letter is signed by Abdel Hadi Al Sadi, CEO of BHM Capital.

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
för 2 år sedan
News Update From National International Holding Company
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
för 2 år sedan
News Update From Fertiglobe plc
Disclosures: Fertiglobe plc General Press Release

Fertiglobe's Board of Directors has approved an interim cash dividend of $150 million for the first half of 2024, equivalent to AED 551 million or 6.6 fils per share. This dividend will be paid in October 2024 to shareholders recorded as of October 10, 2024. The company emphasizes its strong balance sheet and cash flow management, which supports its ability to return value to shareholders while pursuing growth opportunities. Since its IPO in October 2021, Fertiglobe has paid $2.42 billion in dividends. CEO Ahmed El-Hoshy highlighted the company's resilient business model and ongoing value creation initiatives, including the development of a sustainable hydrogen value chain and expansion into ammonia and clean hydrogen solutions. Fertiglobe aims to generate an additional $150 million in annual EBITDA by the end of 2025 through its Manufacturing Improvement Plan and cost optimization program. Key achievements in 2024 include a significant investment decision on a low-carbon ammonia project and securing a contract to supply renewable ammonia from Egypt to Europe. The company reported H1 2024 revenues of $1,048 million, adjusted EBITDA of $378 million, adjusted net profit of $134 million, and free cash flows of $225 million.

1. Disclosures: Fertiglobe plc General Press Release

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