30 December, 2020
Orascom Construction PLC (NASDAQ Dubai: OC; EGX: ORAS) announces that the Board of Directors has approved an interim dividend of USD 0.21 per share.
The record date for the dividend is set for 19 January 2021 and payment will take place on 26 January 2021.
The Company shall pay the dividend in U.S. dollars to shareholders holding shares on NASDAQ Dubai and in Egyptian Pounds to shareholders holding shares on the Egyptian Exchange at the record date. The latter will be based on the USD/EGP sell exchange rate announced by the Central Bank of Egypt.
This dividend builds on the dividend of USD 0.21 per share already distributed to shareholders in August 2020, bringing total dividends announced in FY 2020 to USD 0.42 per share.