Ataa Educational shareholders to vote on 10% dividend for FY2019/2020 on Jan. 11

17/12/2020 Argaam

Ataa Educational Co.’s shareholders are set to vote on the board’s recommendation to distribute a 10% cash dividend, or SAR 1 per share, for the fiscal year (FY) ended July 31, 2020, during the ordinary general meeting (OGM) that will be held on Jan. 11, 2021.

 

Dividend Details (FY ended on July 31, 2020)

Current Capital

SAR 400 mln

Number of shares

40 mln

Dividend

SAR 40 mln

Percentage of capital

10% (SAR 1 per share)

Record date

The second day following the general assembly meeting (end of day)

Payment date

To be announced later

 

Shareholders will also vote on the financial results, as well as the board and auditor’s reports for FY2019/2020.

 

In addition, they will vote on discharging board members from liabilities for FY2019/2020, in addition to a board remuneration of SAR 1.350 million for FY ended July 31, 2020.

 

Shareholders registered in Tadawulaty portal can vote via http://www.tadawulaty.com.sa

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