Press releases, Reports & Disclosures for Dubai Financial Market PJSC

The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from September 30, 2024, to October 4, 2024. During this period, the Dubai Taxi Company PJSC had a short sell trade volume of 2,000 with a trade value of AED 5,380. Salik Company PJSC had a short sell trade volume of 6,400 with a trade value of AED 27,200. For more information on regulated short selling, refer to the DFM Market Rules and Procedures. The announcement is available on the DFM website. The information provided is subject to change, and DFM is not liable for any losses incurred from using this data.

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.