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BLOM BANK S.A.L.
Announcement to Shareholders Regarding 2007 Dividend Distribution
The Board of Directors of BLOM BANK S.A.L. is pleased to announce to shareholders that the Ordinary General Assembly held on April 9th, 2007 in the Bank’s headquarters decided to distribute dividends for 2007 as follows:
- For Holders of Preferred shares:
- Preferred Shares, 2002 Issue: USD 15
- Preferred Shares, 2004 Issue: USD 8.50
- Preferred Shares, 2005 Issue: USD 9.50
The payment is effective as of April 17th, 2008, through Midclear, subject to a 5% withholding tax.
- For Holders of Common shares and GDRs:
- LBP 5,500 per share to be paid through Midclear effective April 18th, 2008, taking into account that GDR holders will be paid in US Dollars through The Bank of New York Mellon effective April 24th, 2008, and that after the deduction of a 5% withholding tax.
- For Holders to benefit from the dividend distribution:
- It is to note that the last trading date to receive 2007 dividends is April 14th, 2008.
Board of Directors |
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