| Element List | Explanation |
|---|---|
| Introduction | Modern Milling Co. announces the board of director’s resolution to distribute cash dividends for the first half of 2025 |
| Date of the board’s decision | 2025-07-24 Corresponding to 1447-01-29 |
| The Total amount distributed | 81,013,680 SAR |
| Number of Shares Eligible for Dividends | 81,013,680 Shares |
| Dividend per share | 1 SAR |
| Percentage of Dividend to the Share Par Value (%) | 100 |
| Eligibility date | 2025-08-03 Corresponding to 1447-02-09 |
| Distribution Date | 2025-08-17 Corresponding to 1447-02-23 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | The company would like to announce to its valued shareholders that dividends will be distributed by automatically depositing into their investment accounts linked to the shareholders’ portfolios at all banks through Edaa Securities Center Company. Knowing that Eligibility shall be at the end of the trading day 2025-08-03 Corresponding to 1447-02-09 for the shareholders registered in Depository Center (Edaa) at the end of the second trading day following the eligibility date. We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing. Therefore, the company urges non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate with the Investor Relations Department to provide documents supporting tax exemption. "The company calls on its valued shareholders to update their data and ensure that bank account numbers are linked to investment portfolios to ensure that their profits reach without a delay. In case of any inquiries or further details, please contact investor relations during working hours though email at: IR@modernmills.com.sa. or by calling (+966-122728989 Ext: 1120) |