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GFH Financial Group B.S.C. announced that it has purchased 9,890,113 of its own shares (treasury shares), increasing its total treasury shares from 199,863,664 (5.21% of total issued shares) to 209,753,777 (5.47% of total issued shares) as of May 31, 2024. The decision to purchase was made during the board meeting on March 24, 2024, and received approval from the relevant authority on May 29, 2024. The average purchase price was 0.3050 USD per share. There are 173,505,606 shares remaining for future purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
The Abu Dhabi Securities Exchange has issued a notice regarding a circular resolution by the Board of Directors of Abu Dhabi Ports Company PJSC. Following the resignation of H.E. Falah Mohammad Al Ahbabi from the Board, a resolution will be circulated at 6 PM on Tuesday, June 4, 2024, to appoint a new board member to fill the vacant position. The notice is signed by Emil Pellicer, General Counsel, and a copy has been sent to the Securities and Commodities Authority.
The main office of Fujairah Cement Industries (FCI) will be relocated to the FCI Factory on Sheikh Zayed Bin Sultan Al Nahyan Road in Dibba Fujairah. This change will take effect on June 17, 2024. For any inquiries related to the new head office, contact can be made via email at ho@fujairahcement.com, hofci79@fujairahcement.com, or hofci79@fciho.ae, or by phone at +97192444011 or fax at +9712444016. The announcement is signed by the Chairman, Mohamed Bin Hamad Bin Saif Alsharqi, and a copy has been sent to the Securities and Commodities Authority (SCA).