23
The Board of Directors of Al Baraka Banking Group B.S.C. resolved at its meeting dated 23 February 2014 to recommend the following shareholders’ distributions for approval by the Assembly General Meeting:
1. Distribution of cash dividend from the profit of the year 2013 to the Shareholders registered as of the date of the AGM (as 3.5 cents for each share) amounting to US$ 36,690,179.
2. The distribution of 1 Bonus Share for every 23 fully paid Shares to the Shareholders registered as of the date of the AGM (amounting to US$ 45,577,862) from Retained Earnings.
