| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Fransi Capital announces the distribution of a cash dividend to Bonyan REIT Fund’s unit holders for the period from 19 Shawl 1439 H corresponding to 3 July 2018 (Fund Inception date) to 22 Safar 1440 H corresponding to 31 October 2018 as follows: |
1. Total dividends 39,905,869.50 SAR
2. Cash distributions will be based on 162,881,100 existing units.
3. Distributed dividends amount is SAR0.245 per unit, and its ratio to the initial price of the unit is 2.45% for the period from 19 Shawl 1439 H corresponding to 3 July 2018 (Fund Inception date) to 22 Safar 1440 H corresponding to 31 October 2018 (equivalent to 7.35% annual return)
4. The distribution ratio amounts to 2.45% of Net Asset Value as of the fund inception date.
5. The eligibility of dividends shall be for unitholders registered in the registers of Securities Depository Center by the end of Thursday 28 Rabi al-Awwal 1440H corresponding to 6 December 2018 (end of trading day on 26 Rabi al-Awwal 1440H corresponding to 4 December 2018).
6. Dividends will be paid within 15 business days post the eligibility date.
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.
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.