NCB Capital Company announces the cash distribution to the Unitholders of AlAhli REIT Fund (1)

Published: 17 Aug 2020

NCB Capital Company announces the approval of the board of directors of AlAhli REIT Fund (1) to distribute cash dividends to the Unitholders for the period ending on 30 June 2020 as follows:

1. Total cash distribution is SAR 17,187,500;

2. The distributions will be based on 137,500,000 existing units;

3. The distribution amount is SAR 0.125 per unit and its percentage of the unit initial price is 1.25%;

4. The distribution percentage is 1.3% of the net asset value (based on fair value) of the Fund as of 09/11/1441H corresponding to 30 June 2020;

5. The eligibility for dividends shall be for Unitholders registered in the registers of the Securities Depository Center by the end of Thursday 01/01/1442H corresponding 20/08/2020G (end of trading day on Tuesday 28/12/1441H corresponding to 18/08/2020G);

6. Distributions shall be paid within 15 business days post eligibility date.

The Fund Manager would like to remind entitled Unitholders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly.