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01 March 2024

Response Plus Holding announces AED50 million in interim dividends

By wam

The Response Plus Holding announced AED50 million in interim dividends to its shareholders at a board meeting today.

The shareholders registered in the company’s book on the 5th of January 2023 will receive 0.25 fils per share.

The Board of Director's decision comes as a result of the recent amendments made to the Articles of Association of Response Plus, according to which the Board of Directors was granted the authority to distribute interim dividends, in line with the shareholder-friendly policy of dividends distribution approved simultaneously with the mentioned amendments.

Major Tom Louis, CEO of Response Plus Holding commented: “We owe this achievement to the continuous trust and support of our customers, as well as to the visionary decision of Dr. Shamsheer Vayalil - Chairman of Response Plus Holding Group - and the esteemed members of the Board of Directors. Distributing interim dividends worth AED50 million to shareholders is also part of Response Plus Holding's commitment towards safeguarding its shareholders’ benefits."