Taiba Holding Company announces the distribution of profits to shareholders for the fourth quarter of fiscal year 2016

Taiba Holding Company announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fourth quarter of fiscal year 2016 as follows: 1. Based on the decision of the Board of Directors at its meeting held on 14/05 / 25H corresponding to 2017/02/22. 2. For the fourth quarter of fiscal year 2016. 3. Total amount distributed 60,000,000 riyals 4. Number of shares due for distribution 150,000,000 shares. 5. Share per share is SR 0.40. 6. Distribution ratio to nominal value per share 4% 7. The right of the shareholders of the Company registered with the Securities Depository Center (Depository Center) at the end of the trading day of the 32 nd Ordinary General Assembly, the date of which will be announced later. 8. The distribution date will be announced later. Thus, the total distributed dividends proposed for distribution for the fiscal year 2016 will be SAR 240,000,000 representing 16% of the nominal value of the share at SAR 1.60 per share. The amounts of profits will be transferred to the investment accounts associated with the portfolios of the good shareholders registered in their records with the Depository Center, while the amounts of profits due to the holders of the certificates who have not yet opened investment portfolios will be maintained at Taiba where their profits will be transferred to their investment accounts linked to their portfolios 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 website www.taiba.com.sa if the holders of these certificates do not pay their previous profits.