| Clarification | Item |
|
Introduction |
Marble Design Factory announces the decision of the company's board of directors to distribute cash dividends to shareholders for the first half of 2023. |
|
Date of the company's board of directors' decision |
07-02-1445 corresponding to 08-23-2023 |
|
Total amount distributed |
10,200,000 |
|
Number of shares entitled to dividends |
6,000,000 |
|
share of the distribution |
1.7 |
|
Distribution ratio to nominal share value (%) |
17% |
|
Eligibility date |
The eligibility for dividends is for shareholders who own the company’s shares at the end of trading on Thursday 02-15-1445 AH corresponding to 08-31-2023 AD and who are registered with the Securities Depository Center Company (Edaa Center) at the end of the second trading day following the eligibility date. |
|
Distribution date |
The company would like to announce to its valued shareholders that dividends will be distributed by automatic deposit into the investment accounts linked to the shareholders’ portfolios at all banks through the Securities Depository Center Company (Depository Center) starting from Thursday 02-29-1445 AH corresponding to 09-14-2023 AD. We also draw the attention of non-resident foreign investors to the fact that cash dividends transferred through a resident financial intermediary are subject, upon transfer or registration, to a withholding tax of 5% in accordance with the provisions of Article (68) of the Income Tax System and Article (63) of its Executive Regulations. The company urges its valued shareholders to update their information and ensure that their bank account numbers are linked to their investment portfolios to ensure prompt deposit of their profits. |
|
Additional information |
For any inquiries, please contact Investor Relations via email: IR@md.sa |