| Element List | Explanation |
|---|---|
| Introduction | Raoom Trading Company announces the decision of the Board of Directors to distribute cash dividends to shareholders for the first half of the fiscal year 2023. |
| Date of the board’s decision | 2023-08-01 Corresponding to 1445-01-14 |
| The Total amount distributed | 7.812.500 |
| Number of Shares Eligible for Dividends | 6.250.000 |
| Dividend per share | 1.25 SAR |
| Percentage of Dividend to the Share Par Value (%) | 12.5 % |
| Eligibility date | The eligibility of dividends shall be for the Company shareholders who owns the shares by the end of trading day of Thursday03/08/2023 and registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of entitlement. |
| Distribution Date | Dividends will be paid within 15 working days of the due date |
| Additional Information | The Company urges its stakeholders to update their data and to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends without delay. |
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.