Taiba Holding announces the distribution of cash dividends to shareholders for the fourth quarter of fiscal year 2018

N Item Explain
1 Introduction Holding Company announces a good recommendation of the Board of Directors to distribute cash dividends to shareholders for the fourth quarter fiscal year 2018 as follows
2 Date of Board Decision 1440/06 / 29H corresponding to 2019/03/06
3 Total amount distributed (75,000,000) seventy five million riyals
4
Total number of shares due for profit
150.000.000 shares
5
Share of distribution
0.50 SR
6
Distribution ratio to nominal value per share
5 %
7
Date of eligibility
To the shareholders registered in the Company’s register with the Securities Depository Center (deposit) at the end of the second trading day following the due date specified on the date of the general assembly of the shareholders of Taiba, the date of which will be announced later.
8
distribution date
Will be announced later
9
more information
Bringing the total dividend proposed for distribution for the fiscal year 2018 amount of 270,000,000 rials including 18% of the nominal value of the shares of 1.80 riyals per share. Where it will be exaggerated profits to good investment accounts associated with the Governor of the Shareholders installed in the records of the depository center transfer, while will be retained amounts of profits due to the campaign of certificates who – they did not open investment portfolios after – the good will be exaggerated profits the investment accounts associated Bmhafezhm transfer after Open them and a good notice to complete updating their data including their account numbers associated with their investment portfolios. Taiba also hopes to review the shareholders’ lists published on the Taiba website at www.taiba.com.sa if the holders of these certificates do not pay their previous profits