| Element List | Explanation |
|---|---|
| Introduction | Al Shehili Metal Industries Company announces the recommendation of its Board of Directors to distribute cash dividends to shareholders for the fiscal year 2024. |
| Date of the board’s recommendation | 2025-11-18 Corresponding to 1447-05-27 |
| The Total amount distributed | 5,000,000 |
| Number of Shares Eligible for Dividends | 2,500,000 |
| Dividend per share | SAR 2 |
| Percentage of Dividend to the Share Par Value (%) | 20 |
| Eligibility date | The eligibility for these cash dividends shall be for shareholders who own the shares at the end of trading on the day of the Company’s General Assembly meeting and who are registered in the Company’s shareholders’ register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly meeting, which will be announced at a later date. |
| Distribution Date | It will be announced later. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | There are none. |
| Additional Information | We would like to draw the attention of non-resident foreign investors to the fact that cash dividends transferred through the resident financial intermediary are subject, upon their transfer or crediting to its account, to a withholding tax of 5%, in accordance with Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. The distribution will, God willing, be made by direct transfer to the bank accounts linked to the shareholders’ investment portfolios. The Company urges all esteemed shareholders to update their information with the banks at which they maintain their accounts, to ensure that their due dividends are deposited directly into their accounts in the future. In case of any inquiries, please contact Investor Relations: Email: [Y.Alhaidari@alshehili.com.sa] |