Publisher: Maaal International Media Company
License: 465734
Alamar Foods Company announced on Wednesday the resignation of Board Member Lubna Mansour Ahmed Qunash (Non-Executive Member), and the resignation of Member, Louise Dumican Hlinovsky (Non-Executive), and the effective date of the resignation will be as of August 9.
Their resignation is due to the completion of the Offering and Listing and subsequent exit of the funds managed by the Carlyle Group from Alamar Foods Company, as was previously stipulated in the company’s prospectus, in Section 2.1.47 (Risks Related to the Resignation of Two Directors after the Listing and the Exit of the Selling Shareholders) and Section 15 (Company’s Post-Listing Undertakings).