MEDGULF Calls Extraordinary Assembly for Loss Offset Vote

MEDGULF

MEDGULF

8030.SA

0.00

The Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF) announced on June 8, 2026 an invitation to shareholders for an Extraordinary General Assembly Meeting scheduled for June 29, 2026 at 19:15 in Riyadh. The meeting will be conducted via modern technology means and includes a comprehensive 23-item agenda covering fiscal year 2025 matters, including review of financial statements, auditor appointments, board member remuneration of SAR 2,685,781, and approval of various related-party transactions totaling millions in insurance policies and claims. A key agenda item involves voting on using SAR 224,974 thousand from share premium to offset accumulated losses of SAR 77,823 thousand as of March 31, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95934&anCat=1&cs=8030&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-07-15_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-08-48_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-10-57_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-11-44_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-13-18_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/31814_487_2026-06-08_15-17-16_en.pdf

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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