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Tabreed’s Invitation for its Ordinary General Assembly

Thursday, May 14, 2015

Tabreed’s Invitation for its Ordinary General Assembly

The Board of Directors of National Central Cooling Company PJSC (Tabreed) is pleased to invite its shareholders to attend the Ordinary General Assembly meeting to be held on Sunday 7 June 2015 at 5:30 pm in Beach Rotana Hotel in Abu Dhabi, to consider and resolve the following item:

  1. Repurchase by Tabreed from MDC Industry Holding Company LLC of an outstanding principal amount of AED 853,601,212 of the Mandatory Convertible Bonds Series B due 2019, issued by Tabreed in 2011, representing 28% of the total outstanding, at an aggregate purchase price of AED 1 billion.

In the event a quorum for the first meeting is not achieved, the Ordinary General Assembly meeting will be adjourned until Sunday 14 June 2015 at the same time and place. Shareholders who are registered in the Tabreed’s share book on 11 June 2015 shall then be entitled to attend the second meeting.

Where the necessary quorum is not achieved, all duly completed proxy forms for the first meeting shall continue to be valid and in full force for the second meeting unless revoked by the relevant shareholder by notice to the Securities Services Department at the National Bank of Abu Dhabi at least two days prior to the date of the second meeting.

To view the full (PDF) invitation please follow this link:  https://www.tabreed.ae/download/466/

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