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Savola Group announces the distribution of cash dividend for For the year 2019

Default Company 2050.B 6.03% 37.80 2.15

Element List Explanation
Introduction The Savola Group Announces its Board of Directors recommendation to Distribute cash Dividends to its Shareholders for the year 2019.
Board Resolution Date 2020-01-29 Corresponding to 1441-06-04
Total Amount of Dividend Distributed SAR 160.2 million
Number of Shares Eligible for Dividends shares 533,980,684
Dividend per share SAR 0.30 Per Share
Percentage of Dividend to the Share Par Value (%) 3 %
Eligibility date The eligibility of Cash dividend will be to the Shareholders who own the Company’s shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the Company’s General Assembly of the company (eligibility date).
Distribution Date Distribution date will be announced later.
Additional Information The General assembly date will be fixed after securing the formal approvals from the relevant authorities and in which the Board’s recommendation will be ratified.

The company urges its Shareholders to update their data and make Shure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day

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