Raoom shareholders to vote on 25% bonus issue, 12.5% dividend for H2 2021 on June 14

Raoom Trading Co.'s shareholders will vote on a 25% capital increase to SAR 62.5 million, from SAR 50 million, through issuing one bonus share for every four shares held, during an extraordinary general assembly meeting, to be held on June 14, the company said in a bourse statement.

Shareholders will also vote on a 12.5% cash dividend for the second half of 2021, at SAR 1.25 per share.

Entitlement to the bonus issue and dividend payout will be to shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day after the eligibility date.

The distribution date will be announced later.

Other agenda items include appointing an auditor to review financial statements for FY 2022 and setting his fees, in addition to electing board members for the upcoming three-year term ending on June 16, 2025.