Wednesday, 03rd February 2021

Saudi Cement Company announces the Board of Directors’ recommendation to the General Assembly to distribute cash dividends to the shareholders of the company for second half of 2020.

Introduction The Board of Directors of Saudi Cement Company has recommended to the General Assembly during its meeting held on 21 Jamada II 1442 (03 February 2021), to distribute cash dividends to the shareholders for the Second Half of 2020 as per the following:
Date of the board’s decision 2021-02-03 Corresponding to 1442-06-21
The Total amount distributed SAR 306 Million
Number of Shares Eligible for Dividends 153 Million shares
Dividend per share SAR 2
Percentage of Dividend to the Share Par Value (%) 20 %
Eligibility date The eligibility of Cash dividend will be to Shareholders who own the company shares at the end of the day of the next general assembly who are register at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the General Assembly of the company. The date of the forthcoming General Assembly Meeting will be announced later.
Distribution Date Details of dividend distribution date : shall be announced later on.

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.