2050 · 20/04/2014 08:27:56 · Announcement #34256 · View on Saudi Exchange

The Savola Group Announces Distribution of Dividends to its Shareholders for the 1st Quarter of 2014.

In a continuation of its declared policy to distribute quarterly dividends to its shareholders and due to the outstanding net profit reported during the 1st quarter, 2014, which amounted to SAR 423 Million, Dr. Abdulraouf Mohammed Mannaa, Group CEO and Managing Director announced that the Savola Group Board of Directors, has approved on Thursday 17/04/2014, the distribution of SAR 266.99 Million, (i.e. SAR 0.50 per share) as dividends for the 1st quarter of 2014, which represents 5% of the company's nominal share value. The entitlement date for the 1st quarter of 2014 dividends will be for all shareholders registered in the company books at the end of the trading day on Monday 21st April, 2014. The dividend payments will be processed as of Sunday 4th May, 2014.

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