Fitaihi distributes cash dividends for the first half of 2020
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Fitaihi Holding Group announces the recommendation of the Board of Directors to distribute cash dividends to its shareholders for the first half of the fiscal Year 2020 as follows: |
| Board Resolution Date | 2020-11-10 Corresponding to 1442-03-24 |
| Total Amount of Dividend Distributed | 11,000,000 SAR |
| Number of Shares Eligible for Dividends | 55,000,000 |
| Dividend per share | 20 Halals per share |
| Percentage of Dividend to the Share Par Value (%) | 2 % |
| Eligibility date | Will be on Tuesday 17/11/2020. The eligibility of dividends is for the shareholders of the Company who own the shares on the eligibility date and are registered in the Company’s Share Register with the Securities Depository Center Company (TADAWUL) at the end of the second trading day following the eligibility date. |
| Distribution Date | December 7th, 2020 |
| Additional Information | Distribution of dividends will be made by Riyad Bank, through direct transfers to the local bank accounts linked to the shareholders’ portfolios. The Company would like to remind its valued shareholders to update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividends are deposited directly into their accounts on the day of distribution. In case the deposit process fails, please visit any of the branches of Riyad Bank to receive the dividends in cash, or call Riyad Bank at the following phone numbers: 8001222444, 920001816, or contact the Investor Relations of Fitaihi Holding Group at: sh@fitaihi.com.sa or Tel.: 012-2604200 |
