Saudi Advanced Industries Co. announces the distribution of cash dividend for the second half of 2020

• Date : 2021-03-23

ELEMENT LIST	EXPLANATION
Introduction	Saudi Advanced Industries Co. announces the BOD’s recommendation to distribute dividends to shareholders for second half annual of year 2020
Date of the board’s decision	2021-03-23 Corresponding to 1442-08-10
The Total amount distributed	12,500,000
Number of Shares Eligible for Dividends	50,000,000
Dividend per share	SAR 0.25
Percentage of Dividend to the Share Par Value (%)	2.5 %
Eligibility date	The eligibility of the dividends shall be at the end of trading day of company General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date.
Distribution Date	Details of dividends distribution dates and process will be announced later
Additional Information	It is worth mentioning that Saudi Advanced Industries Company distributed for the first half of fiscal year 2020 12.5 million riyals and the total amount distributed during the fiscal year 2020, 25 million Saudi riyals,    The company would also like to remind its valued shareholders to update their data with banks to ensure that their outstanding profits are deposited directly into their accounts.