IssuerAnnouncementDetailsV2Portlet
Leejam Sports Company (Fitness Time) Announces the Distribution of Cash Dividend for The Third Quarter of 2023
Element List | Explanation |
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Introduction | Leejam Sports Company (“Fitness Time” the “Company”) is pleased to announce the Board of Directors’ resolution to distribute cash dividends to the company’s shareholders for the third Quarter Of 2023. |
Date of the board’s decision | 2023-10-26 Corresponding to 1445-04-11 |
The Total amount distributed | SAR 49,764,192.95 |
Number of Shares Eligible for Dividends | 52,383,361 Shares |
Dividend per share | SAR 0.95 per share |
Percentage of Dividend to the Share Par Value (%) | 9.5 % |
Eligibility date | The eligibility of dividends shall be for shareholders who own the shares at the close of trading on 31 October 2023 and as per the company shareholders register with the Securities Depository Center Company at the end of the 2nd trading day following the eligibility date. |
Distribution Date | 14 November 2023 |
Additional Information | The dividends will be distributed through the Securities Depository Center Company, which will transfer the dividends to the investment portfolios through the custody members. To ensure that the dividends are deposited in the investment portfolios without delay, the company would like to remind all shareholders of the need to ensure that their data is updated with the custody members. The company would like to draw the attention of non-resident investors that the distribution of cash dividends is subject to a withholding tax of 5% upon transfer or crediting the amount to their account in accordance with the provisions of the Income Tax Law and its Implementing Regulation. For any inquiries, please contact Investor Relations at: phone number: 00966564149752 or at investor.relations@leejam.com.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.