11 Apr 2012 09:47

Announcement by
Bank Audi s.a.l. - Audi Saradar Group
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The Ordinary General Assembly of Shareholders of Bank Audi s.a.l. - Audi Saradar Group convened on April 10, 2012 and resolved to (i) approve the Bank's accounts for the year 2011 and (ii) declare a gross distribution of dividends as follows:
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- To Holders of Series "D" Preferred Shares: USD 0.775 per share
- To Holders of Series "E" Preferred Shares: USD 6 per share
- To Holders of Common Shares: LBP 603 per share
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As a result of the above, the net payable amounts (after deduction of the applicable withholding tax at the rate of 5%) are as follows:
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- To Holders of Series "D" Preferred Shares: USD 0.73625 per share
- To Holders of Series "E" Preferred Shares: USD 5.7 per share
- To Holders of Common Shares: LBP 572.85 per share
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Dividends will be paid through Midclear S.A.L. starting April 12, 2012 for the holders of shares as at April 05, 2012 (Record Date), according to the records of Midclear S.A.L.