The Board of Directors of Byblos Bank S.A.L. has the pleasure to announce to its shareholders that it resolved in its meeting held on 31 March 2017, to propose to the Ordinary General Assembly convened to meet on 28 April 2017 at the Byblos Bank Headquarters, the distribution of dividends for the year 2016 as follows:
For Common Shareholders:
- LBP 200 per share (before withholding tax)
For Preferred Shareholders:
- Class 2008: USD 8 per share (before withholding tax)
- Class 2009: USD 8 per share (before withholding tax)
Subject to the Ordinary General Assembly’s approval, such dividends will be paid on or about 5 May 2017 after deducting the withholding tax, to shareholders as at 4 May 2017 (record date), according to the records of Midclear (the Central Depository).
For GDR Holders:
- LBP 200 per share paid in US dollars through the depositary bank, The Bank of New York Mellon, after deducting withholding tax and other expenses starting 10 May 2017.