Al-Omran announces distributing cash dividends mechanism for 2021

Reference to the announcement of Al-Omran Company for Industry and Trade on 21/11/1443 corresponding to 20/06/2022 about the results of the Ordinary General Assembly meeting (the second meeting) regarding the General Assembly’s approval of distributing cash dividends to shareholders for the fiscal year ending on 31/12/2021, The company is pleased to announce to its shareholders that it will start distributing profits on Wednesday 30/11/1443 (according to Umm Al-Qura calendar) corresponding to 29/06/2022 in the bank accounts linked to the investment portfolios in Tadawul according to the shareholder register with the Securities Depository Center Company (Centre deposit) at the end of the second trading day following the due date.

Riyad Bank will distribute the distribution to the eligible shareholders by direct transfer to their accounts. If you have any other inquiries regarding profits, you can contact Riyad Bank at 8001222444 – 920002470 or visit the nearest Riyad Bank branch.

The company calls on all shareholders to update their data and to ensure that their bank account numbers are linked with their investment portfolios to ensure that their due profits are deposited directly into their bank accounts.

The company would like to draw the attention of non-resident investors that the cash dividends transferred through the resident financial intermediary are subject when transferred or credited to his bank account to a 5% withholding tax in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Executive Regulations .