| Element List | Explanation |
|---|---|
| Introduction | Baazeem Trading Co. announces the Board of Directors recommended to distribute cash dividends to shareholders for the financial year 31-12-2021. |
| Date of the board’s decision | 2022-03-13 Corresponding to 1443-08-10 |
| The Total amount distributed | 17.718.750 SAR |
| Number of Shares Eligible for Dividends | 10.125.000 shares |
| Dividend per share | 1.75 SAR |
| Percentage of Dividend to the Share Par Value (%) | 1.75 % |
| Eligibility date | The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the day of the General Assembly of the company, which will be announced later |
| Distribution Date | Distribution date will be announced later after the approval of the General Assembly. |
| Additional Information | The company would like to draw the attention of non-resident investors, the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to non-resident investors or credited to their bank accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. |
Baazeem Trading Co. urges its shareholders to update their data and link their bank account numbers to their investment portfolios to ensure the timely receipt of their dividends.
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.