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Dividend Declaration

12 Apr 2019 16:30

RNS Number : 0925W
Bank Audi S.A.L.
12 April 2019
 

Bank Audi

 

April 12, 2019

 

 

ANNOUNCEMENT

 

Dividend Declaration

 

The Ordinary General Assembly of Shareholders of Bank Audi sal convened on April 12, 2019 and resolved, among other things, to (i) approve the Bank's accounts for the year 2018 and (ii) declare a gross distribution of dividends as follows:

 

- To Holders of Series "H" Preferred Shares a total of USD 4.875 Million on the basis of USD 6.5 per share.

- To Holders of Series "I" Preferred Shares a total of USD 17.5 Million on the basis of USD 7 per share.

- To Holders of Series "J" Preferred Shares a total of USD 19.25 Million on the basis of USD 7 per share.

- To Holders of Common Shares: a total of LBP 331.4 Billion on the basis of LBP 829.125 per share.

 

Dividends will be paid through Midclear S.A.L (after deduction of the withholding tax at the rate of 10% where applicable) starting April 18, 2019 for the holders of shares as at April 17, 2019 (Record Date), according to the records of Midclear S.A.L.

 

 

********************

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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