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Abu Dhabi Aviation Co. Board/Management Information 2021
66490_rns_2021-09-08_19e3bf0e-f58d-4907-8605-dc6a14c2673b.pdf
Board/Management Information
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طيــــــــــــران أبو ظبـــــــــــــــــــــــــــــــــــ ABU DHABI AVIATION
Form for disclosure of the results of the Board of Directors meeting
| Date | 7 th September 2021 |
|---|---|
| Name of the Listed Company | Abu Dhabi Aviation |
| Date and day of the meeting: | Tuesday, 7 th September 2021 |
| The starting time of the meeting | At 11:00 AM |
| The ending time of the meeting | At 12:00 PM |
| Number of board members present | 8 Members |
| Quorum achieved (%) | 89% |
| Decisions / Resolutions of the meeting | With reference to the Company's expansion plan through acquisition and/or merger at the Board meeting on March 23, 2021, and the Company's announcement of the signing of Letter of Intent with Falcon Aviation Services on April 1 st 2021, and upon the Investment Committee recommendation on September 5 th 2021, the Board of Directors decided today in its meeting to send a formal acquisition offer to Falcon Aviation Services. The company will make further announcements regarding Falcon's response to the offer, and whether the transaction will be completed or not. |
| The Name of the Authorized Signatory | Mohamed Ibrahim Al Mazrouei |
| Designation | General Manager |
| Date | $7th$ September 2021 |
| Signature | |
| Company's Seal | |
| - Copy to Securities and Commodities Authority BU DHA |
|
| T: +971 2 575 8000 www.ada.ae P.O. Box 2723 F: +971 2 575 7775 [email protected] Abu Dhabi, UAE |