5 Apr 2018 07:00
Byblos Bank S.A.L.
Press Release - Announcement to shareholders - Dividend distribution for the year 2017
05 April 2018
The Board of Directors of Byblos Bank S.A.L. has the pleasure to announce to its shareholders that it resolved in its meeting held on 23 March 2018, to propose to the Ordinary General Assembly convened to meet on 20 April 2018 at the Bank's Headquarters, the distribution of dividends for the year 2017 as follows:
For Common Shareholders:
§ LBP 212 per share (before withholding tax)
For Preferred Shareholders:
§ Class 2008: USD 8 per share; (before withholding tax)
§ Class 2009: USD 8 per share; (before withholding tax)
Subject to the Ordinary General Assembly's approval, such dividends will be paid on or about 26 April 2018 after deducting the withholding tax, to shareholders as at 25 April 2018 (record date), according to the records of Midclear (the Central Depository).
For GDR holders:
§ LBP 212 per share paid in US dollars through the depositary bank, The Bank of New York Mellon, after deducting withholding tax and other expenses starting 2 May 2018.
The Board of Directors