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.
Shareholders can receive dividends after the approval of the General Assembly on the dividends percentage.
Cash dividends will be distributed the next day after the AGM’s approval.
Nakilat’s cash dividends are being handled by Qatar National Bank. For more information regarding the dividends distribution, please contact “Shareholders’ Service Centre” QNB or call the Shareholders’ Service hotline at the following:
Telephone number: +974 4425-2444 Fax number: +974 4425-2443 E-mail: easydividend@qnb.com
Please, see below application for dividend credits to account. This application needs to be sent to Qatar National Bank (easydividend@qnb.com)
Application for Dividends Credit to the Account