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Dubai Financial Market News
Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Taaleem—Earning Call for 9M & Q3 of 2023/24

Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE and the first private education company listed on the Dubai Financial Market (DFM: TAALEEM), announced its financial results for the first nine months and third quarter of the 2023/24 fiscal year, ending May 31, 2024. The company will host a Microsoft Teams session on July 10, 2024, at 3 p.m. GST to discuss these results, recent achievements, and developments. Shareholders are invited to register for the event to receive participation details. The AED 750 million raised in Taaleem's IPO will be used to expand its K-12 premium education schools in the UAE. For more information, visit www.taaleem.ae.

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Dubai Financial Market News
Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Earning Press Release 9M & Q3 2023/24

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported record revenues of AED 830.7 million for the nine-month period ending May 31, 2024, marking a 15.0% year-over-year increase. This growth was driven by a 32.9% increase in student enrolment, reaching 37,954 students, and the addition of six new government partnership schools. The company's EBITDA rose by 26.9% to AED 338.9 million, and net profit before tax increased by 38.9% to AED 277.6 million. Total student capacity grew by 27.1% to 42,953 seats, with a blended utilisation rate of 88.4%. The expansion includes the upcoming operations of Dubai British School Jumeira and the expansion of Greenfield International School for the academic year 2024/25.

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Dubai Financial Market News
Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Financial statements for the 9M and Q3 of 2023/24

1. Attached Document

Dubai Financial Market News
Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

On July 4, 2024, Taaleem Holdings PJSC held a board meeting from 3:00 PM to 5:00 PM, with seven board members present, achieving a 78% quorum. The Board approved and decided to publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2024. The meeting was chaired by Khalid Al Tayer, Chairman of the Board of Directors.

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Abu Dhabi Stock Exchange News
Abu Dhabi Stock Exchange News

News Update From Abu Dhabi National Co. for Building Materials

ADX Disclosures: BILDCO Resumption Notice

On July 4, 2024, Abu Dhabi National Company for Building Materials (BILDCO) held a General Assembly meeting from 14:00 to 14:15 at their head office and remotely. The meeting was presided over by Mr. Salah Khamis Saleh Ali Al-Junaibi. The quorum was 51.88% of the capital, with no personal attendance and all participation through electronic voting. The authenticity of electronic votes was 22.88%, and proxy votes accounted for 29.00%.

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Dubai Financial Market News
Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Changes in interest of Substantial Shareholder

On 4th July 2024, GFH Financial Group B.S.C announced a substantial shareholder transaction involving Mr. Ahmad Bin Mohammad Al Qassimi. The transaction date was 4th July 2024, and it involved the purchase of 191,629,692 shares. Before the transaction, Mr. Al Qassimi did not hold any shares. After the transaction, he holds 191,629,692 shares, representing a 5% ownership in GFH Financial Group. The announcement was made to Bahrain Bourse, Dubai Financial Market, Boursa Kuwait, and Abu Dhabi Securities Exchange.

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Dubai Financial Market News
Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Sale of Treasury Shares

GFH Financial Group B.S.C. announced the sale of 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this transaction, the total number of treasury shares held by the group will be 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

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Abu Dhabi Stock Exchange News
Abu Dhabi Stock Exchange News

News Update From Abu Dhabi National Co. for Building Materials

Disclosures: Abu Dhabi National Co. for Building Materials AGM Results held on 04/07/2024 at 14:00

On July 4, 2024, Abu Dhabi National Company for Building Materials (BILDCO) held a General Assembly meeting from 14:00 to 14:15 PM at the Bildco head office and remotely. The meeting was presided over by Mr. Salah Khamis Saleh Ali Al-Junaibi. The quorum was 51.88% of the total capital, all of which attended through electronic voting. The attendance was divided into 22.88% authenticity and 29.00% proxy. There was no personal attendance.

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Dubai Financial Market News
Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on GULFNAV shares after disclosing the results of its BOD meeting

Abu Dhabi Stock Exchange News
Abu Dhabi Stock Exchange News

News Update From GFH Financial Group B.S.C

Disclosures: GFH Financial Group B.S.C - Sale of Treasury Shares

GFH Financial Group B.S.C. announced on July 4, 2024, that it has sold 191,629,692 treasury shares, representing 5% of its total issued shares, to Mr. Ahmad Bin Mohammad Al Qassimi. Following this sale, the total number of treasury shares held by the group is 58,800,890, representing 1.53% of the total shares. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

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