The Board of Directors of Al Hammadi Company in their meeting held on 10th December 2017 reviewed the financial and operational performance of the Company and has recommended to distribute dividend to the shareholders for the year 2017 as follows:
1. Total amount to be distributed is SAR 90 Million.
2. Dividend per share SAR 0.75.
3. Dividend represent 7.5% of the stock bar value.
4. Number of shares eligible for dividend is 120,000,000.
5. The eligibility of dividends shall be for the shareholders registered in the register of the Securities Depository Center at the end of second trading day following the date of general assembly meeting which will be announced later.
6. Details of dividend distribution date will be announced later.
The Company urges its shareholders to update their data and to make sure to link their bank accounts to their investment portfolios to ensure receipt of their dividends directly in their accounts.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.