Abu Dhabi Ship Building Co.

Abu Dhabi Ship Building PJSC has announced the appointment of Dr. Najwa Aaraj to its Board of Directors, replacing Mr. Mansour Al Mulla. The appointment takes effect from 20th February 2024. Dr. Aaraj will complete the remaining term of her predecessor.

Resolution No. 294 of 2024 temporarily suspends trading on the shares of Abu Dhabi Ship Building Co. This is subject to article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension will take place during the trading session on 14-Feb-2024, provided that Abu Dhabi Ship Building Co. discloses their Annual Financial Report. All heads of departments in ADX are required to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. It has been approved by the authorized person and was issued on 14/02/2024.

On December 19, 2023, Abu Dhabi Ship Building PJSC held a board meeting from 11:00am to 12:30pm. All nine board members were present, with six in person and three remotely, achieving a 100% quorum. The board approved the minutes of the previous meeting and a proposal for board fees and shareholder dividends. The meeting was officially signed off by CEO, David Massey.

On December 19, 2023, Abu Dhabi Ship Building PJSC held a board meeting from 11:00am to 12:30pm. Nine board members were present, with six attending in person and three remotely, achieving a 100% quorum. The board approved the previous minutes of the board meeting and the proposal for board fees and shareholders dividends. The meeting was authorized by CEO, David Massey. The results of the meeting were subsequently disclosed.

Resolution No. 258 of 2023 temporarily suspends trading of shares of Abu Dhabi Ship Building Co. on the ADX, as per Article No. 16 of the Regulations Concerning the Listing of Securities on ADX. The suspension is due to a Board of Directors Meeting scheduled for 11:00 on 19-Dec-2023, which coincides with the trading session at ADX. Trading will be suspended from 09:00 on 19-Dec-2023 until ADX receives the meeting results. All department heads at ADX are instructed to execute this resolution in their respective fields. The resolution will be circulated to SCA, the concerned company, all departments at ADX, and all brokers accredited by ADX. The resolution was issued on 15/12/2023.

The Board of Directors of Abu Dhabi Ship Building PJSC will hold their fourth meeting of 2023 on Tuesday, 19th December 2023 at 11 am at the company headquarters. The agenda includes approval of previous meeting minutes, board fees and shareholders dividends proposal, committees updates and endorsements, capability development plan, and business units achievements & highlights for the year 2023.

On 30th November 2023, Abu Dhabi Ship Building PJSC held a board meeting from 13:00 to 15:05. All nine board members were present, with seven in person and two remotely, achieving a 100% quorum. The meeting included the approval of previous minutes, a review of company operations, and the approval of the annual budget for 2024. The meeting's resolutions were signed off by CEO David Massey. The results of the meeting were then disclosed by the company.