| Element List | Explanation |
|---|---|
| Introduction | Elm Company announces the decision of the Board of Directors to distribute interim cash dividend to shareholders for the First Half of 2023. |
| Date of the board’s decision | 2023-08-05 Corresponding to 1445-01-18 |
| The Total amount distributed | SAR 233,091,600 |
| Number of Shares Eligible for Dividends | 77,697,200 shares |
| Dividend per share | SAR 3 per share |
| Percentage of Dividend to the Share Par Value (%) | 30 % |
| Eligibility date | The eligibility date will be on Sunday 13-08-2023 corresponding to 26-01-1445H. The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center at the end of the second trading day following the eligibility date. |
| Distribution Date | Dividends distribution date will be on Thursday 24-08-2023 Corresponding to 08-02-1445H. |
| Additional Information | The company urges its respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts. |
In addition, 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 a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.
We are pleased to receive your inquiries by contacting our Investor Relations Department through the following channels:
Phone:
(966+) 112503962
(966+) 112503436
Email: ir@elm.sa
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.