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Dividend Proposal

20th Mar 2015 07:12

RNS Number : 9968H
Bank Audi S.A.L.
20 March 2015
 



 

Bank Audi

 

March 20, 2015

 

 

Announcement

 

Dividend Distribution Proposal

 

In its meeting held on March 19, 2015, 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 15, 2015 to holders of common shares as at April 14, 2015 (Record Date), according to the records of Midclear S.A.L (The Central Depository).

________________________

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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