Taiba Investments : Investment Company announces the distribution of (exceptional) cash dividends for the fiscal year 2021
November 15, 2021 at 05:20 am
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A4090 TAIBA0.9 (2.61 %) 1443/04/10 Mon Nov 15, 2021 08:01:48
Taiba Investment Company announces the distribution of (exceptional) cash dividends for the fiscal year 2021
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Explanation
Introduction
Taiba Investment Company announces that, based on what has been achieved as a result of selling part of the shares owned by Taiba in SABIC Agri-Nutrients Company, a recommendation was issued by the Board of Directors in accordance with its pass-circular dated 11-09-2021 to distribute exceptional cash dividends to shareholders for the fiscal year 2021 as follows:
Date of the board's decision
2021-11-14 Corresponding to 1443-04-09
The Total amount distributed
641,829,932 SR
Six hundred and forty-one million eight
hundred and twenty-nine thousand nine hundred and thirty-two riyals
Number of Shares Eligible for Dividends
160,457,483
Dividend per share
4
Percentage of Dividend to the Share Par Value (%)
40 %
Eligibility date
For the shareholders who own the company's shares at the end of trading day on Sunday 16-04-1443 AH corresponding to 21-11-2021 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 due date.
Distribution Date
It will be announced later
Additional Information
The company also calls on its valued shareholders to quickly update their data and to ensure that their bank account numbers are linked to their investment portfolios to ensure that their profits are deposited in their accounts with banks on the day of distribution, and the necessity of depositing all the certificates in their possession - if any - in their investment portfolios by handing them over to a financial brokerage company or The Securities Depository Center company (Depository Center) at the following address:
Riyadh - King Fahd Road - Tawuniya Towers
Or send it by mail to the Depository Center at the following address:
King Fahd Road - Olaya 6897 Unit No.: 11 Riyadh 12211 - 3388
For inquiries, please contact:
Investor Relations - Taiba Investment Company
Tel: 0148377777
Ext ( 1 )
E-mail
info@taiba
The Capital Market Authority and the Saudi Stock 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.
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Disclaimer
Taiba Holding Co. SJSC published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 05:19:08 UTC.
Taiba Investments Company SJSC formerly Taiba Holding Company SJSC is a Saudi Arabia-based public shareholding company that operates primarily in the real estate sector. The Company's main activity is owning real estate, hotels, hospitals, recreational and tourism facilities and investing in them by selling or buying, renting, managing and operating, operating management of cities, facilities, public facilities and contracting in architectural, civil, mechanical, electrical, agricultural, industrial, mining, credit and mortgage service. The Company is operating in five business segments, including Real estate, Tourism, Management, Agriculture, and Headquarter. The Companyâs subsidiaries include Al Aqeeq Real Estate Development Company, Arab Resorts Areas Company, Taiba Agriculture Development Company, etc.