Osool & Bakheet Investment Company announces the Distribution of dividends to Unitholders of AL Maather REIT Fund

ELEMENT LISTEXPLANATION
IntroductionOsool & Bakheet Investment Company announces the distribution of cash dividends to the unitholders of Al Maather REIT for the financial period ending on 31 December 2020, as follows:
Type of Distributioncash dividends
Profits Maturity PeriodThe eligibility of dividends will be to the unit holders who are registered in the unitholder register by the closing of Thursday, 2021/03/18 corresponding to 1442/08/05H  (end of trading day, Tuesday, 2021/03/16 corresponding to 1442/08/03H)
Total DividendsTotal amount of distributed dividends is SAR 23,934,300
Number of Outstanding Units on which Cash Dividends will be Distributed61,370,000
Amount of Profit Distributed per Unit (SAR)0.39
Percentage of Dividend to the Unit’s Initial Price (%)3.9%
Percentage of Dividend of the Net Assets Value (%)4.3%
Percentage of Dividend of the Net Assets Value as of2020-12-31 Corresponding to 1442-05-16
Eligibility of Cash Dividends to the Unitholders as per the Unitholders Registry as of2021/03/18 corresponding to 1442/08/05H
Dividends Payment DateDistributions will be paid within 15 days from the eligibility date.
Additional InformationThe Fund Manager also would like to remind the unitholders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly.