Nakilat’s AGM is usually held towards the first quarter of the year.
The venue is mentioned in the AGM invitation which is published at least 21 days before the meeting.
All shareholders or representatives appointed by shareholders can attend.
As per Article 127 of the commercial companies law no. 11 of 2015. The agenda of the General Assembly Meeting must include the following items:
Shareholders who cannot attend the general meeting in person may exercise their voting rights through a proxy holder. The proxy holder should be a Nakilat shareholder. The proxy card can be found with the invitation published in the newspaper or in the website. The shares owned by the proxy should not exceed 5% of the company’s shares. The proxy should have details of the appointed shareholder with his/her ID copy.
Shareholders have the right to ask questions and the Board of Directors shall answer all questions and inquires of the shareholders to the extent which does not conflict with the company’s interest.
As explained in the company’s Articles Of Association, voting in the general assembly shall be through the E-voting system or any other recognized mechanism. The voting shall be executed by a secret ballot. Each shareholder has the right to vote in person or by proxy. Upon voting, each shareholder is entitled to a number of votes equivalent to the number of his shares.
The dividends will be distributed in line with directives from Qatar Financial Market Authority -Circular N3, Year 2024, Regarding Dividend Distribution
The dividends will be distributed in line with directives from Qatar Financial Market Authority through Edaa.
Pursuant to Qatar Financial Market Authority’s Board decision No. (7) of 2023 concerning rules of dividend distribution in shareholding companies listed on the financial markets, the dividends will be distributed in line with directives from Regulatory Authority through Edaa and QFMA Circular N3, year 2024, regarding dividend distribution.
For more information regarding dividend distribution for Fiscal year 2023 and onwards, please contact Edaa: Phone: +974 4422 2410 or 16014 Fax: +974 4422 1560 Email: info@qcsd.gov.qa www.qcsd.gov.qa
For dividend distribution prior to fiscal year 2023, it is handled by Qatar National Bank. For more information, please contact “shareholders’ Service Centre” QNB as per the below: Phone: +4425 2444 Fax: +974 4425 2443 Email: easydividend@qnb.com