News

Announcement by SNB Capital Company regarding the distributions of Fund’s dividends to the Unitholders of AlAhli REIT Fund 1

1
Published: 18 Mar 2024
Element List Explanation
Introduction SNB Capital Company announces the distribution of cash dividends to AlAhli REIT Fund (1) unitholders
Dividends maturity period The eligibility for dividends shall be for unitholders registered in the registers of the Securities Depository Center by the end of Thursday, 11 Ramadan 1445H corresponding to 21 March 2024G (end of trading day on Tuesday, 09 Ramadan 1445H corresponding to 19 March 2024G).
Total distributed dividends 34,375,000 SAR
Number of Outstanding Units on which Cash Distributions will be Distributed 137,500,000
Amount of Dividends Distributed per Unit 0.25 SAR
Distribution Ratio of the Net Assets Value (%) 2.58 %
Distribution Ratio of the Net Assets Value as of 2023-12-31 Corresponding to 1445-06-18
Cash Distribution Entitlements to Unitholders Shall be Based on the Unitholder Register on the End of 2024-03-19 Corresponding to 1445-09-09
Distributions will be paid (number of days) 30
Additional Information The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions