Presight AI Holding PLC

The Board of Directors of Presight AI Holding PLC will hold a meeting on Tuesday, 7 May 2024, at 4pm UAE time. The meeting will take place at the company's headquarters. The agenda includes the review and approval of the financial statements for the period ended 31 March 2024, and a discussion on other general matters related to the company’s business activities. The notice was signed by the Chief Executive Officer, Thana Pramotedham. A copy of this notice was also sent to the Securities and Commodities Authority.

The Board of Directors of PRESIGHT AI HOLDING PLC has invited its shareholders to a general meeting on 21 May 2024 at 4:00 p.m (UAE time). The meeting can be attended in person at the Rosewood Abu Dhabi Hotel, or virtually via a link sent to shareholders. The agenda includes authorizing the chairman to appoint a secretary and a vote collector, approving a transaction described in a letter to shareholders dated 1 May 2024, and approving and ratifying the entry of Presight AI Ltd into a share purchase agreement. The transaction involves Presight AI Ltd indirectly acquiring 51% of Matrix JVCO Ltd through the acquisition of 100% of P Ventures Holdings RSC Ltd from G42 Investments AI Holding Ltd.

ADNOC, G42, and Presight AI Holding PLC have announced a new shareholding structure for AIQ, under which Presight will acquire a 51% stake and ADNOC will retain 49%. This values AIQ at over $1.4 billion. ADNOC will also receive a 4% stake in Presight as part of the transaction, solidifying its position in AI solutions for the energy sector. AIQ will continue as a standalone company within Presight's big data analytics portfolio. The transaction is subject to Presight's shareholder and regulatory approval.

The Annual General Assembly Meeting of Presight AI Holding PLC was held on 24th April 2024, from 4:00 PM to 4:30 PM. The meeting took place both in-person at the Rosewood Abu Dhabi Hotel in Al Maryah Island, Abu Dhabi, and virtually. The meeting was chaired by H.E. Mansoor Ibrahim Ahmed Saeed Almansoori, Chairman of the Board of Directors, with 90.00% of the total capital represented. The assembly approved the Board of Directors' report on the company's business and financial position.

Presight AI Holding PLC has invited its shareholders to attend the Annual General Assembly Meeting on 24th April 2024 at 4.00pm (UAE time), either in person at the Rosewood Abu Dhabi Hotel or virtually through an electronic link. The agenda includes approval of the company's financial reports, balance sheet, and profit and loss account for the year ended 31/12/2023, as well as proposals regarding dividend distribution, board remuneration, and the appointment of auditors. The meeting will also discuss the replacement of board member Mr. Eric Poe Xing with Mr. Suhail Bin Tarraf. Shareholders wishing to attend virtually must register electronically. The meeting will be recorded, and shareholders are entitled to discuss agenda items and ask questions to the board and auditors.

On 2nd April 2024, the Board of Directors of Presight AI Holding PLC issued resolutions which included the appointment of Mr. Suhail Bin Tarraf as a board member, replacing the resigned member Mr. Eric Poe Xing. The company's Annual General Assembly Meeting was scheduled for 24th April 2024, with its agenda determined. Other general business matters were also addressed. The communication was signed by the company's CEO, Mr. Thana Pramotedham. A copy was forwarded to the Securities and Commodities Authority.

The Board of Directors of Presight AI Holding PLC is set to issue a resolution by circulation on 2 April 2024, discussing several agenda items. These include the consideration and approval of a replacement Board member following the resignation of an existing member, determining the date and agenda for the Company’s Annual General Assembly meeting, and discussing other general matters related to the company's business activities.