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InvestorAct is a financial news platform that provides the latest news, analysis, and press releases for companies in the UAE

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Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From GFH Financial Group B.S.C.
Disclosure: Treasury Shares and Market Making Activities During September 2024

GFH Financial Group B.S.C. released an announcement on October 2, 2024, detailing their market-making activities and treasury shares for September 2024. In accordance with the Central Bank of Bahrain's requirements, the company disclosed the market-making transactions conducted by their liquidity providers: SICO in Bahrain Bourse and BHM Capital in Dubai Financial Market and Abu Dhabi Securities Exchange. As of September 30, 2024, GFH held 84,186,563 treasury shares, representing 2.20% of the Group’s total outstanding shares. During September, SICO purchased 2,887,408 securities and sold 1,253,127 securities on Bahrain Bourse, with total money paid amounting to USD 984,520 and total money received amounting to USD 427,304.

1. Disclosure: Treasury Shares and Market Making Activities During September 2024

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Resume trading on SALIK shares starting from 12:45 PM after the disclosure of material information. The Resume-Auction session (no-matching) will be 5 minutes
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Salik Company PJSC
Disclosure: Clarification from the company

On October 2, 2024, Ibrahim Sultan Al Haddad, Chief Executive Officer, addressed Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding inaccurate publications circulating on social media. He clarified that these publications are not accurate and urged customers and shareholders to rely only on official sources such as the Dubai Financial Market (DFM) and the SALIK website (www.salik.ae) for any official announcements or updates. Al Haddad emphasized SALIK's commitment to the disclosure and transparency guidelines set by the Securities and Commodities Authority (SCA) and DFM, ensuring that any significant information will be promptly shared with the market once confirmed and finalized.

1. Disclosure: Clarification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Suspend trading on SALIK shares for an incoming disclosure
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Agility The Public Warehousing Company (K.S.C.)
Disclosure: Notification from the company

1. Disclosure: Notification from the company

Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 02/10/2024 is the ex-dividend date for EMPOWER shares
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: Today, 02/10/2024 is the ex-dividend date for DRC shares
Dubai Financial Market News profile image
Dubai Financial Market News
a year ago
News Update From Dubai Financial Market PJSC
DFM News: Reminder: General Assembly of GFH is being held on 02/10/2024

GFH Financial Group has scheduled its Ordinary General Meeting for October 2024. The agenda includes: 1. Approving the minutes of the previous meeting held on 24 March 2024. 2. Approving the Board of Directors' recommendation to establish a Sukuk Programme worth up to $500 million through a Special Purpose Vehicle (SPV), subject to necessary regulatory approvals. 3. Approving modifications and an offer related to the 2020 Sukuk issuance, including early redemption for cash of outstanding certificates. 4. Delegating powers to the Board of Directors to manage the Sukuk Programme establishment and the Offer, including obtaining necessary regulatory approvals and conducting essential procedures. 5. Delegating powers to the Chief Executive Officer to execute the Sukuk Programme and the Offer, including obtaining necessary approvals and conducting essential procedures. 6. Discussing any other matters as per Article 207 of the Commercial Companies Law. The meeting will be held via video conferencing on 2 October 2024, with alternative dates set for 9 October 2024 and 16 October 2024 if the legal quorum is not met.

1. DFM News: Reminder: General Assembly of GFH is being held on 02/10/2024

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From PHOENIX GROUP PLC
Disclosures: PHOENIX GROUP PLC By Circulation of Board Meeting to be held on 07/10/2024 at 19:00

1. Disclosures: PHOENIX GROUP PLC By Circulation of Board Meeting to be held on 07/10/2024 at 19:00

Abu Dhabi Stock Exchange News profile image
Abu Dhabi Stock Exchange News
a year ago
News Update From ADNOC Logistics & Services plc
Disclosures: ADNOC Logistics & Services plc By Circulation of Board Meeting to be held on 07/10/2024 at 18:00

On 2 October 2024, the Market Operations & Surveillance section of the Abu Dhabi Securities Exchange received a notification from ADNOC Logistics & Services plc. The company announced that its Board of Directors will pass a written resolution by circulation on Monday, 7 October 2024, at 6:00 PM UAE time. The resolution aims to consider and approve the interim cash dividend distribution to shareholders for the first half of the financial year 2024. The notification was signed by Abdulkareem Mubarak Almessabi, the Chief Executive Officer, and a copy was sent to the Securities and Commodities Authority (SCA).

1. Disclosures: ADNOC Logistics & Services plc By Circulation of Board Meeting to be held on 07/10/2024 at 18:00

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