SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2023
Commission File Number: 001-41339
Swvl Holdings Corp
The Offices 4, One Central
Dubai World Trade Centre
Dubai, United Arab Emirates
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Resignation of Directors
On April 7, 2023, Mr. W. Steve Albrecht notified the board of directors of Swvl Holdings Corp (“Swvl” or the “Company”) of his resignation from his position as a member of the Company’s board of directors and as an independent member of the audit committee of Swvl, effective April 7, 2023. Mr. Albrecht’s resignation was not related to any disagreement with Swvl on any matter relating to Swvl’s operations, policies or practices.
On April 7, 2023, Mr. Gbenga Oyebode notified the board of directors of the Company of his resignation from his position as a member of the Company’s board of directors and as an independent member of the audit committee of Swvl, effective April 7, 2023. Mr. Oyebode’s resignation was not related to any disagreement with Swvl on any matter relating to Swvl’s operations, policies or practices.
As a result of the aforementioned resignations, the Company’s audit committee has one member at this time and is not in compliance with Nasdaq Listing Rule 5605(c)(2)(A) which requires the Company’s audit committee be comprised of three independent directors.
This Report of Foreign Private Issuer on Form 6-K (“Report”) is incorporated by reference into Swvl’s Registration Statement on Form S-8 (Registration No. 333-265464) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|SWVL HOLDINGS CORP|
|Date: April 10, 2023||By:||/s/ Mostafa Kandil|
|Title:||Chief Executive Officer|