| Element List | Explanation |
|---|---|
| Introduction | BOD of Baazeem Trading Company recommend to distribute dividends to shareholders for the year 2020 |
| Date of the board’s decision | 2021-03-03 Corresponding to 1442-07-19 |
| The Total amount distributed | 17718750 SAR |
| Number of Shares Eligible for Dividends | 10125000 |
| Dividend per share | 1.75 |
| Percentage of Dividend to the Share Par Value (%) | 17.5 % |
| Eligibility date | The eligibility of the dividends shall be at the end of trading day of Baazeem General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date |
| Distribution Date | Details of dividends distribution dates and process will be announced later |
| Additional Information | We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation. |
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.