Press releases, Reports & Disclosures for GFH Financial Group B.S.C.

GFH Financial Group B.S.C. announced the purchase of 2,922,680 of its own shares, increasing its total treasury shares from 340,394,623, which represented 8.88% of the total issued shares, to 343,317,303, representing 8.96% as of March 19, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received regulatory approval on February 16, 2025. The average purchase price was USD 0.3157 per share, and the purchased shares represent 0.07% of the issued capital. There are 39,942,080 shares remaining for purchase. Mariam Jowhary, Head of Compliance & AML, is the contact person for this announcement.

On March 19, 2025, GFH Financial Group B.S.C. announced the appointment of Mr. Bhaskar Mehta, the Chief Risk Officer, as the Acting Chief Financial Officer. This appointment follows the departure of Mr. Surya Hariharan from the position of Group Chief Financial Officer. Mr. Mehta will serve as Acting CFO until a permanent replacement is found. The announcement was made by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group B.S.C. announced the appointment of Mr. Pietro De Libero as the Board Secretary in addition to his responsibilities as the Chief Legal Officer.

On March 18, 2025, GFH Financial Group announced the purchase of 2,794,000 treasury shares, increasing its total treasury shares from 337,600,623 (8.81% of issued shares) to 340,394,623 (8.88% of issued shares). The decision to purchase was made by the company's board of directors on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was USD 0.3146 per share, and the purchased shares represent 0.07% of the issued capital. There are 42,864,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group announced that it has purchased 2,840,000 of its own treasury shares, increasing its total treasury shares from 334,760,623 (8.73% of total issued shares) to 337,600,623 (8.81% of total issued shares) as of March 17, 2025. The decision to purchase these shares was made at a board meeting on March 24, 2024, and approved by the relevant authority on February 16, 2025. The average purchase price was 0.3151 USD per share, representing 0.074% of the issued capital. There are 45,658,760 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

GFH Financial Group B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.

GFH Financial Group has announced the purchase of 4,730,000 treasury shares, increasing its total treasury shares from 329,030,623 (8.59% of total issued shares) to 333,760,623 (8.71% of total issued shares) as of March 14, 2025. The decision was made at a board meeting on February 24, 2025, with approval from the relevant authority on February 16, 2025. The average purchase price was 0.3124 USD per share, and the purchased shares represent 0.123% of the issued capital. There are 49,498,760 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

On 13th March 2025, GFH Financial Group announced that the Ordinary and Extraordinary General Meetings scheduled for that day did not achieve the required quorum, with only 39.03% attendance. As a result, the meetings have been rescheduled for 20th March 2025 at 9:30 p.m. at the same location. The company also provided updated dividend distribution dates, contingent on the quorum being met on the new meeting date. The key dates include the General Meeting on 20th March, the Cum-Dividend Date on 24th March, the Ex-Dividend Date on 25th March, and the Payment Date on 9th April 2025. The record dates vary for different stock exchanges. Mariam Jowhary, Head of Compliance & AML, signed the announcement.

Arqaam Capital and First Abu Dhabi Securities have issued an analyst coverage report on GFH Financial Group B.S.C. shares. The report, which is attached, includes recommendations, estimates, forecasts, and opinions provided by third-party analysts for informational purposes only. These recommendations do not represent an endorsement or financial advice from GFH Financial Group and are subject to continuous review and change. There is no expected financial impact from this announcement. The announcement is signed by Mariam Jowhary, Head of Compliance & AML, and includes the company seal.

GFH Financial Group announced that it has purchased 15,400,300 of its own treasury shares, increasing its total treasury shares from 313,630,323 (8.18% of total issued shares) to 329,030,623 (8.59% of total issued shares) as of March 13, 2025. The decision to purchase these shares was made during a board of directors meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3138 USD per share, representing 0.402% of the issued capital. There are 54,228,760 shares remaining for potential future purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.