27 Dec 2015

Yanbu National Petrochemical Company (YANSAB) announce its Board of Directors recommendation dated 24 December 2015 to the General Assembly for distributing a cash dividend to its shareholders for the second half of 2015 as follows:
1.Total dividend amount SAR 562.5 Million.
2.Dividend per share SAR 1.0.
3.Dividend represent 10% of the nominal value.
4.The eligibility of dividends shall be for the Company shareholders registered in the Securities Depository Center (Tadawul) record by the closing of trading on the day of general assembly meeting that expected to be held during the month of March 2016, which will be announced after obtaining the approval of the official authorities.
5.Dividends disbursement date will be announced later.

This brings the total dividend for 2015 to SAR 1,125 Million (SAR 2 per share) representing 20% of the nominal value. Noting that the Board of Director previously approved distribution of SAR 562.5 Million (SAR 1.0 per share) representing 10% of the nominal value as interim dividend for the first half of year 2015.

Yansab calls its shareholders to update their data and make sure that their bank accounts are active and linked with their trading portfolios to ensure timely receipt of their cash dividends without any delay.
For enquiry please contact: Yanbu National Petrochemical Company (Yansab) P.O. Box 31396, Yanbu Industrial City 41912, Tel: 04-3259514, Fax: 04-32059509 or via e-mail at shares@yansab.sabic.com.

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Yanbu National Petrochemical Company issued this content on 2015-12-27 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-28 09:30:08 UTC

Original Document: http://www.yansab.com.sa/en/news/2015/20151227-Yansab-announces-distribution-of-dividends-to-shareholders-for-2nd-half-of-year-2015.aspx