ProMedEx shareholders to vote on 28.5% cash dividend for H1 2023 on Jan. 7

Logo of Professional Medical Expertise Co. (ProMedEx)

Professional Medical Expertise Co.’s (ProMedEx) shareholders will vote on the board’s proposal to pay a cash dividend at 28.5% of capital, for H1 2023, during the extraordinary general meeting (EGM) slated for Jan. 7, 2024, as detailed in the following table:

 

Dividend Details (H1 2023)

Current Capital

SAR 35 mln

Number of Shares

3.5 mln

Total Dividend

SAR 10 mln

Percentage of Capital

28.5% (SAR 2.85 a share)

Record Date

Jan. 7, 2024 (Shareholders registered with Edaa on the second trading day following the record date)

Payment Date

Later
 

Other agenda items include voting on authorizing the board to distribute semi-annual interim dividends for 2023, conditional on approving an amendment to the company's articles of association, according to a Tadawul statement today, Dec. 17

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