2050 · 16/07/2014 16:24:04 · Announcement #35141 · View on Saudi Exchange

The Savola Group Announces Distribution of Dividends to its Shareholders for the 2nd 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 2nd quarter, 2014, which amounted to SAR 513.3 Million,
Dr. Abdulraouf Mohammed Mannaa, Group CEO and Managing Director announced that the Savola Group Board of Directors, has approved on 16/07/2014, the distribution of SAR 266.99 Million, (i.e. SAR 0.50 per share) as dividends for the 2nd quarter of 2014, which represents 5% of the companys nominal share value. The maturity date for the 2nd quarter of 2014 dividends will be for all shareholders registered in the company books at the end of the trading day on Wednesday, 23rd July, 2014. The dividend payments will be processed as of Monday 11th August, 2014.

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