REG - Aluminium Bahrain - Dividend Declaration

Aluminium Bahrain BSCAnnouncement

02/02/2023 15:45

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RNS Number : 7862O  Aluminium Bahrain B.S.C.  02 February 2023

 

 

Aluminium Bahrain B.S.C. (Alba)

Recommendation of Declaration of Cash Dividends

 

The Board of Directors of Aluminium Bahrain B.S.C. (Alba) resolved during the
Board meeting on Thursday 02 February 2023, to recommend the distribution of
cash dividend for the year ended 31 December 2022 to the shareholders whose
names are registered on the Company's register on the Record Date. This is
subject to the approval of the Company's shareholders at the upcoming Annual
General Meeting on 26 February 2023. The proposed distribution is as follows:

Cash Dividend: 117.58 % of share nominal value, equivalent to Fils 117.58 per
share amounting to BD166,306,000  (the proposed annual cash dividend includes
the interim dividends of Fils  31.88 per share which was already distributed
to the shareholders by 01 September 2022).

Below are the key dates to be taken note of:

 Event                                                                           Date
 General Meeting Date  (Shareholders' approval date)                             26 February 2023
 Cum-Dividend Date                                                               02 March 2023

 (Last day of trading with entitlement to dividends)
 Ex-Dividend Date                                                                05 March 2023

 (First day of trading without entitlement to dividends)
 Record Date                                                                     06 March 2023

 (The Day on which all shareholders whose names are on the share register will
 be entitled to dividends)
 Payment Date                                                                    20 March 2023

 (The Day on which the dividends will be paid to the entitled shareholders
 subject to CBB approvals)

 

 http://www.rns-pdf.londonstockexchange.com/rns/7862O_1-2023-2-2.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/7862O_1-2023-2-2.pdf)

 

Daij bin Salman bin Daij Al Khalifa

Chairman

 

02 February 2023

 

 

 

 

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