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Americana Restaurants International PLC held a Board of Directors meeting on March 4, 2024. During the meeting, they discussed the company's business and updates to the annual plan, reviewed the Annual Report, and approved a proposal for the company to buy 25 million of its own shares as part of a long-term incentive plan for employees. This proposal is subject to approval from relevant regulatory bodies and shareholders at the general assembly. Other operational and administrative matters were also considered. The information was conveyed by the Secretary of the Board, Saqib Muhammad Sabir Awan, to the CEO of Abu Dhabi Securities Exchange.
The Emirates Driving Company (PJSC) has invited its shareholders to attend the annual General Assembly meeting, both physically and virtually, on 27th March 2024. The agenda includes approval of the company's activity, financial position, auditor's report, balance sheet, and profit and loss account for the fiscal year ended on 31st December 2023. The board will also propose the distribution of cash dividends, discuss remuneration of board members, discharge board members and auditors for the fiscal year, and appoint auditors for 2024. A special resolution will consider a proposed offer from a related party to buy EDC's stake in SAWAEED Holding. Electronic registration is required for virtual attendees. Shareholders can delegate anyone except a board member or company employee to attend on their behalf, with certain conditions. Corporate entities can delegate a representative under a board decision.
The Board of Directors of Emirates Driving Company (PJSC) has invited shareholders to attend the annual General Assembly meeting on March 27, 2024. The meeting will take place both physically at the company premises and virtually. The agenda includes approving the Board of Directors' report, the Auditor's report, the company balance sheet, and profit and loss account. They will also discuss a proposed cash dividends distribution of 34% of paid capital, approve remuneration of the board members, discharge board members and auditors for the fiscal year ended on December 31, 2023, and appoint auditors for the fiscal year 2024. A special resolution will consider a proposed offer from a related party to buy EDC's stake in SAWAEED Holding. Shareholders attending virtually must register electronically to vote.