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Arabian Centres Co. (Cenomi Centers) announces the distribution of cash dividend for the second half of the fiscal year 2023 (Reminder)

CENOMI CENTERS 4321 24.03% 24.98 4.84
Element List Explanation
Announcement Detail With reference to the Arabian Centres Company (“Cenomi Centers” or “the Company”) announcement published on Tadawul on 16-09-1445H (corresponding to 26-03-2024G) regarding its Board of Directors decision (by circulation) on 25-03-2024 to distribute cash dividend to the shareholders for the second half of FY2023 , with a total amount of SAR 356.25 million, to be distributed among 475 million eligible shares, where dividend per share will amount to SAR 0.75 (7.50% of share par value).

Hence, the company would like to remind its shareholders that the eligibility and distribution dates will be as follows:

Eligibility date: 01 Apr 2024.

Distribution date: 16 Apr 2024.

The distribution will be through Saudi Awwal Bank branches by direct bank transfer to shareholders’ bank accounts linked to their portfolios. For the shareholders who own investment portfolios linked with bank accounts that do not accept bank transfers, they must go to any Saudi Awwal Bank branch along with their National ID (for Saudis) or Iqama (for no Saudis) to collect their dividends directly from the bank. ACC urges its shareholders to update their data and to make sure to link their bank account numbers to their investment portfolios to ensure the receipt of their cash dividends.

We would like to draw the attention to the foreign non-resident investors that the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.

In case of the non-receiving of the dividend on the mentioned distribution date above, please dial Saudi Awwal Bank on the toll-free number (8001248888) or visit its nearest branch or contact the Investor Relations Department at Cenomi Centers.

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