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

Published: 09 Feb 2022

SNB 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 from 1 July 2021 to 31 December 2021 as follows:

Total cash distribution is SAR 48,125,000;

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

The distribution amount is SAR 0.350 per unit and its percentage of the unit initial price is 3.50%;

The distribution percentage is 3.61% of the net asset value (based on fair value) of the Fund as of 31 December 2021;

The eligibility for dividends shall be for Unitholders registered in the registers of the Securities Depository Center by the end of Thursday 17 February 2022 (end of trading day on Tuesday, 15 February 2022);

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.