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Addendum announcement from Banan Real Estate Company regarding the distribution of dividends to shareholders for the second half of the fiscal year 2021

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Introduction Further to the announcement of Banan Real Estate Company published on 08/18/1443 AH corresponding to 03/21/2022 AD regarding the distribution of cash dividends to shareholders for the second half of the fiscal year 2021
Date of Posting the Previous Announcement of Development on Tadawul's Website 2022-03-21 Corresponding to 1443-08-18
URL of the Previous Announcement Click Here
Change on the Development Further to the announcement of Banan Real Estate Company published on 08/18/1443 AH corresponding to 03/21/2022 AD regarding the distribution of cash dividends to shareholders for the second half of the 2021 fiscal year. The company would like to announce to its valued shareholders that dividends will be distributed by automatically depositing into the investment accounts linked to the shareholders’ portfolios at all banks, starting from Monday 11/14/1443 AH corresponding to 06/13-2022 AD through the Edaa Securities Center Company. We also draw the attention of non-resident foreign investors to the fact that cash dividends that are transferred through the resident financial intermediary, when transferred or recorded in his account, are subject to a 5% withholding tax in accordance with the provisions of Article (68) of the tax system and Article (63) of its executive regulations. . The company calls on its valued shareholders to update their data and ensure that bank account numbers are linked to investment portfolios to ensure that their profits reach without delay. In case of any inquiries, please contact investor relations at (0114808085).
Financial Impact on the change N/A

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.

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