16 Apr 2014 07:40
Announcement to shareholdersDividend distribution for the year 2013
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 11 April 2014, to propose to the Ordinary General Assembly convened to meet on 9 May 2014 at the Bank's Headquarters, the distribution of dividends for the year 2013 as follows:
For Common Shareholders:
§ LBP 200 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 General Assembly's approval, such dividends will be paid on or about 16 May 2014 after deducting the withholding tax, to shareholders as at 14 May 2014 (record date), according to the records of Midclear (the Central Depository). Shares will trade ex-dividend starting 12 May 2014.
For GDR holders:
§ LBP 200 per share paid in US dollars through the depositary bank, The Bank of New York Mellon, after deducting withholding tax and other expenses starting 21 May 2014.
The Board of Directors