BUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE DIVIDEND PAYMENT DATE TO ITS SHAREHOLDERS FOR THE FISCAL YEAR 2016G
Bupa Arabia for Cooperative Insurance announces that, further to the announcement published on Tadawul's website on Tuesday 13 Shaban 1438H, corresponding to 9 May 2017G, in line with the approval of the Eleventh General Assembly Meeting, held on Monday 12 Shaban 1438H, corresponding to 8 May 2017G, the process of the Dividend distribution for the fiscal year 2016 is as follows:
1.Total amount of distribution of dividend: SAR 120,000 thousands
2.Dividend per share SAR 1.50
3.Number of shares subject for dividends: 80,000,000 shares
4.Dividend represents: 15% of the nominal share value
5.The eligibility for the dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) two days after the date of the Extraordinary General Assembly Meeting and the dividend will be dispensed and deposited in the shareholders' portfolios with effect from Sunday 25 Shaban 1438H, corresponding to 21 May 2017G, through direct deposit via the Saudi British Bank (SABB).
The Company draws to the attention of the shareholders that their dividends will be directly deposited in their bank accounts, and recommends those who don't have a bank account tied to their portfolio to check their bank accounts with SABB branches to collect their dividend payment.
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.