Chapter Eight Corporate Actions and General Assembly Meetings

Article (121)	For the purposes of implementing these Instructions, Corporate actions shall include the following:
	A-	Increase or decrease of capital.
	B-	Stock split (division of the nominal value of security).
	C-	Mergers.

Article (122)	A-	Upon the decision to make any amendment to its’ issued Securities by method of any of the actions specified in article (121) of these instructions, the Issuer must inform the Center in writing of the required action, at least ten days prior to the effective date of the corporate action, such notification shall be attached with the following supporting documentation explaining:
		1.	The required amendment.
		2.	The closing date of the shareholders’ registers.
		3.	The effective date of the amendments.
	B-	The Issuer shall pay all the applicable service charges as determined by the Center.

Article (123)	The Center shall provide the Issuer with a shareholders statement which contains the names of the owners of deposited securities and the number of securities owned by each shareholder and any details that the security’s Issuer wishes to obtain as of the date of the closing of the shareholders’ register.

Article (124)	The Center shall effect the necessary changes to the registered securities and to the accounts of the owners of securities whether at the Center or under the control of any of its Members in accordance to the Corporate Actions referred to in Article (121) of these Instructions.

Article (125)	Public shareholding companies must inform the Center in writing of the date of the General Assembly Meeting fifteen Days prior to the meeting date, such notification should include the following:
	A-	The date of the General Assembly Meeting.
	B-	The date of the closing of the shareholders’ register.

Article (126)	The Center shall prepare the shareholders’ register for deposited securities and provide it to the Issuer as of the date required by the Issuer.

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