The Ordinary General Assembly of Byblos Bank S.A.L. held on 26 April 2016 at the Bank’s Headquarters, approved on the distribution of dividends for the year 2015 as follows:
For Common Shareholders:
- LBP 200 per share (LBP 190 Net of 5% withholding tax)
For Preferred Shareholders:
- Class 2008: USD 8 per share; (USD 7.6 Net of 5% withholding tax)
- Class 2009: USD 8 per share; (USD 7.6 Net of 5% withholding tax)
Such dividends will be paid on or about 5 May 2016 after deducting the 5% withholding tax, to shareholders as at 4 May 2016 (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 2016.