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National Agriculture Development Co. NADEC announces the distribution of dividend for period 2014 - 16/02/2015

Board of Directors of National agricultural Development Company (Nadec) convened on Sunday 26th Rabi Althani corresponding to Feb 15th 2014 recommends to the extraordinary shareholders general assembly to pay a cash dividends for the year 2014 as follows:
1.Total amount of distribution of dividend SAR 35 Millions
2.Divided per share SAR 0.5
3.Divided represent 5% of the Face value.
4.Registered shareholders at the end of the date of the extraordinary shareholders general Assembly Meeting which will be determined later are eligible for the bonus share. the date of the extra ordinary general Shareholders Assembly meeting will be determined after obtaining the formal approval from the related government agencies.
5.The date of the cash dividend payment will be announced later.