In accordance with the approved dividend policy for three years starting from the 4th quarter 2015 which was announced on 11 November 2015, and have been ratified during the General Assembly Meeting on April 4th 2016, STC will distribute interim dividend to the shareholders for the 2nd quarter 2017 as following:
1. Total amount of dividend SAR 2,000 million.
2. Dividend per share SAR 1
3. Dividend represent 10% of the face value.
4.The eligibility of dividends shall be for the shareholders at the close of trading on Monday 31/7/2017 and as per the registered shareholders in the register of the Securities Depositary Center (TADAWUL) at the end of the 2nd trading day following the eligibility date.
5. Details of Dividend distribution date : 20/8/2017
6. The number of shares outstanding for Dividend 2,000 million shares.
The distribution will be through Saudi Fransi Bank branches. STC urges its shareholders to update their data and to make sure to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends. For any inquiry, shareholders can contact Investor Relations Department, Investor Affairs Section, Tel. 8001161100 Fax. 0112152732 E-mail IRU@stc.com.sa or to write to the following address: Saudi Telecom Co., Investor Relations Department, Investors affairs Section, P. O. Box 87912 Riyadh 11652
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.