6070 · 04/02/2021 15:42:43 · Announcement #61848 · View on Saudi Exchange

Al-Jouf Agricultural Development Co. (JADCO) Announces the date and method of distributing of cash dividends to shareholders for the second half of fiscal year 2020

Element ListExplanation
Announcement Detail Referring to the company's announcement on December 24, 2020 regarding the decision of the Company's Board of Directors at its meeting on December 23, 2020, to distribute cash dividends to the company's shareholders for the second half of fiscal year 2020 with a total amount of 7.5 million SR, at 0.25 SAR per share that equal 2.5% of the share book value, where the Eligibility is for shareholders who own shares at the end of trading on 27th of January, 2021, and who are registered in the company's shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the maturity date.

The company would like to announce to its valued shareholders that The disbursement process will take place by transferring to shareholders' accounts associated with their investment portfolios from Thursday 29-06-1442 Corresponding to 11-02-2021 through Riyad Bank.

The company calls on its valued shareholders to update their data and make sure that the bank account numbers are linked to the investment portfolios to ensure that their dividends arrive without delay, and in case of any inquiry about these dividends, please contact Riyad Bank at 920001816 - 800122444 - or call the company on 014646663.

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.