1 Apr 2019 07:59
Byblos Bank S.A.L.
Announcement to shareholdersDividend distribution for the year 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 22 March 2019, to propose to the Ordinary General Assembly convened to meet on 17 April 2019 at the Bank's Headquarters, the distribution of dividends for the year 2018 as follows:
For Common Shareholders:
§ LBP 212 per share (before withholding tax of 10%)
For Preferred Shareholders:
§ Class 2008: USD 8 per share; (before withholding tax of 10%)
§ Class 2009: USD 8 per share; (before withholding tax of 10%)
Subject to the Ordinary General Assembly's approval, such dividends will be paid on or about 25 April 2019 after deducting the withholding tax (of 10%), to shareholders as at 24 April 2019 (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 (of 10%) and other expenses starting 2 May 2019.
The Board of Directors