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THE MEDITERRANEAN AND GULF COOPERATIVE INSURANCE AND REINSURANCE COMPANY

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The Mediterranean and Gulf Insurance and Reinsurance Co. Announces the starting date of the Electronic Voting of the Extraordinary General Assembly Meeting with respect to its Capital Increase (First Meeting) through modern technology means

10/31/2021 | 01:37am EST
The Mediterranean and Gulf Insurance and Reinsurance Co. Announces the starting date of the Electronic Voting of the Extraordinary General Assembly Meeting with respect to its Capital Increase (First Meeting) through modern technology means

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Element List Explanation
Announcement Detail The Board of Directors of the Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) is pleased to Announces to its shareholders to that electronic voting on the meeting of the Extraordinary General Assembly (First Meeting), which will convene On Wednesday 28/11/1443, corresponding to 03/11 /2021 at 07:30 p.m. and shall be held via modern technology means,. Has started 10:00 AM of Saturday. 24/03/1443 (based on Umm Ulqura calendar) corresponding to 30/10/2021 and will continue until the end of the Assembly. Registration and voting can be done through the following link:

www.tadawulaty.com.sa

For more information, please contact the Shareholders Relations Department by phone at the number: 0114055550 Ext (1277) during the company's official business hours, from Sunday to Thursday.Or via email to investorsrelations@medgulf.com.sa

Shareholders can also participate in the deliberations of the aforementioned general assembly meeting, link below during the meeting:

https://app.jameeah.com/meetings

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Disclaimer

MEDGULF - The Mediterranean & Gulf Insurance & Reinsurance Co. CJSC published this content on 31 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2021 06:36:03 UTC.


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Financials
Sales 2020 1 693 M 451 M 451 M
Net income 2020 36,9 M 9,84 M 9,84 M
Net cash 2020 322 M 85,9 M 85,9 M
P/E ratio 2020 51,4x
Yield 2020 -
Capitalization 1 852 M 494 M 494 M
EV / Sales 2019 0,50x
EV / Sales 2020 0,93x
Nbr of Employees 600
Free-Float 69,3%
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Managers and Directors
Goetz Friedrich Kuras Chief Executive Officer
Ahmed Mohammed Tarboush Chief Financial Officer
Rakan Abdullah Abunayyan Director
Umar Al-Mahmoud Chief Operating & Technical Officer
Bandar Hussein Al-Momen Chief Information Officer