4007 · 02/03/2025 07:47:05 · Announcement #85513 · View on Saudi Exchange

Al Hammadi Holding announces the board of director’s decision to distribute cash dividends for The fourth quarter of 2024

Element ListExplanation
Introduction The Board of Directors of Al Hammadi Holding has decided on 27 February 2025 Corresponding to 28 Sha’ban 1446H to distribute cash dividends to the shareholders for the Fourth quarter of 2024.
Date of the board’s decision 2025-02-27 Corresponding to 1446-08-28
The Total amount distributed 56,000,000
Number of Shares Eligible for Dividends 160,000,000
Dividend per share 0.35 SAR
Percentage of Dividend to the Share Par Value (%) 3.5
Eligibility date 2025-03-02 Corresponding to 1446-09-02
Distribution Date 2025-03-16 Corresponding to 1446-09-16
The name of other official authorities and the details of their non-refusal to the recommendation or decision Not applicable
Additional Information The eligibility of dividends shall be for the shareholders who own shares on maturity Sunday, 02/03/2025, and registered with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of maturity.

The dividends will be distributed through the Securities Depository Center Company, which will transfer the dividends to the investment portfolios through the custody members. To ensure that the dividends are deposited in the investment portfolios without delay, the company would like to remind all shareholders of the need to ensure that their data is updated with the custody members.

The company would like to draw the attention of non-resident investors that the distribution of cash dividends is subject to a withholding tax of 5% upon transfer or crediting the amount to their account in accordance with the provisions of the Income Tax Law and its Implementing Regulation.

Therefore, the company urges non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the Investor Relations Department to provide documents supporting tax exemption.

For any inquiries, please contact Investor Relations at:

phone number: 0112329999

or at invest@alhammadi.com

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.