Commercial Companies Law

Article 211 — Article (211) Disposition of Shares

Part Four: Public Joint Stock Companies · Chapter Five: Shares, Bonds and Sukuk

The method and conditions for disposition of shares shall be determined in accordance with the provisions of this Decree Law, the regulations and resolutions of the SCA and the AOA of the Company. Disposition of shares may not reduce the shareholding percentage of UAE nationals below the minimum limit described hereunder.

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