The Extraordinary General Assembly of National Industrialization Company (TASNEE) approved 15% cash dividends (SAR 1.5/share) for 2011. It also approved capital raise from SAR 5574mn to SAR 6689mn through 20% bonus shares (one share for each 5 share), in its meeting held on Wednesday April, 04, 2012, as shown in the following table:

 

Bonus shares

SAR 5574 mn

Current capital

557.4 mn shares

Number of shares

20% ( 1 for every 5 shares)

Capital raise (%)

SAR 6689 mn

New capital

668.9 mn shares

# of Shares after raise

April, 04, 2012

Record date

Cash dividends details

SAR 5574 mn

Current capital

557.4 mn shares

Number of shares

SAR 836.1mn

Cash dividends

15% ( SAR 1.5/share)

% of capital

April, 04, 2012

Record date

April, 18, 2012

Payment date
 

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