Taiba Holding Company announces the distribution of profits to shareholders for the fourth quarter of fiscal year 2017

Taiba Holding Company announces the recommendation of the Board of Directors on 2018/03/22 to distribute cash dividends to shareholders for the fourth quarter of fiscal year 2017 as follows: 1. Total amount distributed 60,000,000 riyals 2. Number of shares due for distribution 150,000,000 shares. 3. Share per share is SAR 0.40. 4. Distribution ratio to nominal value of the share 4% 5. The entitlement of profits to the shareholders of the Company registered with the Securities Depository Center (deposit) by the end of the second trading day following the date of maturity specified on the day of the 36th Ordinary General Assembly, which will be announced later. 6. The distribution date will be announced later. Thus, the total distributed and proposed dividends for the fiscal year 2017 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.