Al- Babtain Power and Telecommunication Company announce the date and method of distributing of cash dividends to shareholders for the financial year ended 31-12-2020
|Announcement Detail||Al- Babtain Power and Telecommunication Company is pleased to announce to its esteemed shareholders that the date of distributing of dividends for the financial year ended 31-12-2020 will be start as of Tuesday 09-02-2021 by one Saudi Riyal per one share that equal 10% of the share book value. Where the eligibility for shareholders who own shares is due on the date of the entitlement, which is Thursday 21/01/2021, and are registered in the issuer's shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date |
The disbursement process will take place through the Arab National Bank so that it will be deposited directly into the shareholders' accounts linked to the investment portfolios with all local banks. We hope that the honorable shareholders will ensure that their account data is updated by calling the Arab National Bank at 920000478 during the official working hours from 8:30 pm Morning to 5:30 pm.
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.