The General Assembly of Dallah Health approves the election of a new board of directors
Dallah Health Services Company announced the results of the extraordinary general assembly meeting (first meeting), which was held yesterday, Sunday.
The company said in a statement on its website: "Saudi Arabia trading"The results of the vote on the Assembly’s agenda included: Approval of the election of members of the Board of Directors from among the candidates for the next session, which begins on 10/21/2025 AD and for a period of 4 Gregorian years ending on 10/20/2029 AD.
The members are: Saleh Al Quraisha, Mohi Kamel, Amr Kamel, Muhammad Hafni, Tariq Al Qasabi, Ahmed Al Sheikh, Khaled Al Rayes, and Eng. Talal Al-Maiman.
The results included: Approving the establishment of a stock program allocated to employees (long-term incentive plan), and authorizing the Board of Directors to determine the terms and implementation of this program.
The results included: Approving the company’s purchase of a number of its shares, up to a maximum of (622,450) shares of its shares, and retaining them as treasury shares, with the aim of Allocating them to the company’s employees within the employee stock program.
The purchase of shares will be financed from the company’s own resources, and the Board of Directors is authorized to complete the purchase process within a maximum period of 18 months from the date of the extraordinary general assembly’s decision.
The company will retain the purchased shares for a maximum of (7) years from the date of the extraordinary general assembly’s approval, and after the expiry of this period the company will follow the procedures. And the controls stipulated in the relevant laws and regulations.
The results included: Approval of the Board of Directors’ recommendation to change the purpose of retaining (377,550) shares of the company’s shares as treasury shares, which was to use them in future swap operations to acquire shares or stakes in a company or to purchase an asset, so that the purpose of these shares would be to allocate them within an incentive program. Employees.
The results included: Approval of competition standards.
The results included: Approval of authorizing the Board of Directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2026.
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