20th Mar 2014 16:00
Beirut, March 20, 2014
Announcement Issued by Bank Audi sal
Dividend Distribution Proposal
In its meeting held on March 20, 2014, the Board of Directors of Bank Audi sal resolved to propose to the Annual Ordinary General Assembly the distribution of a dividend of LBP 603 (currently equivalent to around USD 0.4) per common share. The net amount proposed to be paid (after deduction of the applicable withholding tax at the rate of 5%) is thus LBP 572.85 (currently equivalent to around USD 0.38) per common share.
Subject to the General Assembly's approval, such dividends will be paid on or about April 16, 2014 to holders of common shares as at April 11, 2014 (Record Date), according to the records of Midclear S.A.L (The Central Depository).
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Related Shares:
BQAD.L