Press releases, Reports & Disclosures for Multiply Group PJSC

The Board of Directors of Multiply Group PJSC invites its shareholders to attend the General Assembly Meeting, which will be held on Monday, November 18, 2024, at 3:30 pm. The meeting can be attended virtually via instant video communication and electronic voting, or physically at the company's headquarters in Abu Dhabi, UAE. Shareholders will receive a link for virtual attendance through SMS or email upon registering their attendance. During the meeting, shareholders can submit inquiries, discuss agenda items, and vote on proposed resolutions, including the election of the Board of Directors. As per the Securities and Commodities guidelines, shareholders attending virtually must register electronically to vote on the AGM items.

On October 24, 2024, Multiply Group PJSC reorganized its investment in Abu Dhabi National Energy Company PJSC (TAQA) for strategic purposes. This involved transferring shares from Norm Commercial Investment - Sole Proprietorship L.L.C and Spranza Commercial Investment - Sole Proprietorship L.L.C to Multiply Group International Limited. The transaction was reflected in a block trade of TAQA shares on the same date. These transfers do not affect Multiply Group PJSC's ownership in TAQA.

The Board of Directors of Multiply Group PJSC is scheduled to meet on Tuesday, 29 October 2024, at 5:00 PM. The agenda includes the approval of the audited financial statements for the third quarter of 2024 and the discussion of other business matters. The notification is addressed to the Disclosures and Compliance Section of the Securities and Commodities Authority and the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange.

On October 21, 2024, the Board of Directors of Multiply Group PJSC approved a written resolution to invite the company’s General Assembly to convene on or around November 18, 2024, at 3:30 p.m., pending approval from relevant regulatory authorities. The agenda for the assembly will include the election of board members in accordance with the regulations of the Securities and Commodities Authority (SCA) and any other relevant business as determined by the Board. This notification was sent to the Securities and Commodities Authority and the Abu Dhabi Securities Exchange.

Multiply Group PJSC has issued a notice to warn about scammers misusing the company's name, employee names, and logo to promote fraudulent investment opportunities and solicit sensitive information online. Multiply emphasizes that it never requests personal, business, or financial information, nor does it solicit payments or investments through email, mail, or any other means. The company advises exercising caution and refraining from sharing sensitive information or making payments if such requests are received. Official communications from Multiply will only come from the "@multiply.ae" domain. To protect against scams, the company encourages checking updates on its official website and the ADX website.

The Board of Directors of Multiply Group PJSC plans to pass a written resolution by circulation on Monday, 21 October 2024, at 3:30 PM. The agenda includes considering and approving the invitation for a general assembly meeting, subject to obtaining necessary regulatory approvals, to elect new members to the Board of Directors. The notification is addressed to the Securities and Commodities Authority and the Abu Dhabi Securities Exchange, specifically to the Disclosures and Compliance Section and the Market Operations Surveillance Department.

Multiply Group PJSC has issued a notice regarding the misuse of its company name, employee names, and logo by scammers who promote fraudulent investment opportunities online. These scammers may ask for personal and financial information, claiming it is for paying tender fees or investing in Multiply. Multiply emphasizes that it will never request such information or payments through email or other communication channels. Individuals are advised to be cautious and verify the legitimacy of any requests, ensuring communications come from the official "@multiply.ae" domain. Multiply does not solicit personal information or payments from the public for investments or tenders. For updates and protection against scams, individuals are encouraged to visit Multiply's official website and check the News and Disclosures section on the ADX website.

Multiply Group PJSC has issued a notice regarding the misuse of its company name, employee names, and logo by scammers promoting fraudulent investment opportunities and tenders online. These scammers may request personal, business, and financial information, including credit card and bank details, under the guise of paying tender fees or investing in Multiply. Multiply emphasizes that it will never request such information or payments through email, mail, or any other means. Individuals are advised to exercise caution and verify the legitimacy of any requests before making payments. Official communications from Multiply will only come from the "@multiply.ae" domain. To stay informed and protect against scams, individuals are encouraged to visit Multiply's official website and the News and Disclosures section on the ADX website.

Multiply Group PJSC has released its Directors Report and Financial Information for the three months and six months period ending on 30 June 2024. The document includes details about the company's financial performance and other relevant updates for the specified periods.

On July 29, 2024, at 4:00 PM, a meeting of the Board of Directors of Multiply Group PJSC was held with the majority of board members present. During the meeting, the audited financial statements for Q2 2024 were approved, and other business matters were discussed. The information was communicated to the Securities and Commodities Authority (SCA) and the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange.