SABB to start e-voting on OGM on April 13

A SABB branch

Saudi British Bank (SABB) will start on April 13 the electronic voting on agenda items of its ordinary general assembly meeting (OGM), to be held on April 17, according to a bourse filing.

Shareholders will vote on the board of directors' recommendation to distribute a 3.6% cash dividend for H2 2021, at SAR 0.36 per share after Zakah, totaling SAR 740 million.

Shareholders will also vote on appointing external auditors and setting their fees. The auditors will review financial statements for Q1, Q2 and Q3, and full-year financials.

They will also vote on delegating the board of directors to distribute interim dividends on a biannual and quarterly basis for 2022.