Clarification and Disclosure

ADXGeneral Disclosure | AnnouncementsMay 6, 2026View on exchange

AI Summary

The Abu Dhabi Court of Cassation issued a final and binding judgment on April 22, 2026, dismissing a lawsuit filed by shareholders Ahmed and Mohammed Al Korbi against Manazel PJSC.
The ruling affirmed the validity of the April 4, 2025, General Assembly resolutions regarding Board appointments and the rejection of the plaintiffs' nomination applications for failing to meet regulatory criteria.

The company clarified that information currently circulating through unofficial channels is false and warned that it reserves legal rights to take action against parties spreading malicious rumors.

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Clarification and Disclosure