Latest Threads

GFH Financial Group has announced the purchase of 11,335,345 of its own shares (treasury shares) on 18th March 2024. This acquisition increases the total holding of treasury shares from 159,117,436 (4.15% of total issued shares) to 170,452,781 (4.45% of total issued shares). The decision to purchase was made in a board meeting in September 2021 and approved by the Authority in March 2024. The average purchase price was USD 5820 per share, representing 0.962% of the issued capital.

The Market Operations Surveillance Department of the Abu Dhabi Securities Exchange has released a list of candidates for the Board of Directors of Waha Capital PJSC. This follows the announcement of the opening of nominations, which was published on 5th March 2024. The Nomination and Remuneration Committee has reviewed and endorsed the list of candidates, which will be uploaded to the company's website and presented to the shareholders at the Annual General Assembly Meeting on 26th March 2024.

GFH Financial Group announced that the Ordinary General Meeting scheduled for 17th March 2024 did not meet the required quorum, as it only reached 25.68%. The second meeting has been rescheduled for 24th March 2024 at 09:30 p.m. at GFH House, Bahrain Financial Harbour. The group also informed its shareholders and the markets about the updated dividend distribution dates due to the postponement of the Annual General Meeting. The dates are: General Meeting Date - 24th March 2024; Cum-Dividend Date - 1st April 2024; Ex-Dividend Date - 2nd April 2024; Record Date for Bahrain Bourse, Dubai Financial Market and Abu Dhabi Securities Exchange listed shares - 3rd April 2024; Record Date for Boursa Kuwait listed shares - 4th April 2024; Payment Date - 22nd April 2024. These dates are subject to quorum being met on the meeting date.