Basic Chemical Industries Co. announces the distribution of dividend for period 2017

The Board of Directors of the Basic Chemical Industries Company (BCI), in its meeting held on 10/06/1439 H corresponding to 26/02/2018, recommended distributing cash dividends to the shareholders of the Company for the fiscal year 2017 as follows:

1 - Total amount distributed 27,500,000 riyals

2- The number of shares due for profit is 27,500,000 shares

3 - share per share 1 riyals

4. Distribution ratio of nominal value per share 10%

5. The right to dividends to the shareholders of the Company by the end of the trading day of the General Assembly, which will be announced later, and registered in the Company's register with the Securities Depository Center (deposit) at the end of the second trading day following the maturity date

6. The distribution date will be announced later.


The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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