|23 April, 2018

Siniora Food Industries Distributes USD 7.3 Million in Profits to Its Shareholders

Representing 23.63% of the Company's Paid-up; 10% as Cash Dividends Amounting to USD 3.1 Million, and 13.63% as Three Million Bonus Shares

AMMAN, Jordan/PRNewswire-FirstCall/ Siniora Food Industries [http://www.siniorafood.com ] held its general assembly on Thursday, April 19, 2018, in Amman, Jordan. The general assembly, which was chaired by Siniora Chairman Tarek Omar Aggad [http://www.apic.ps/en/article/62/Mr-Tarek-Omar-Aggad, -Chairman-and-Chief-Executive-Officer], ratified dividend distribution of 23.63% of the company's paid-up capital; 10% as cash dividends amounting to JOD 2.2 million (USD 3.1 million), and 13.63% as three million bonus shares, thus increasing Siniora's paid-up capital to JOD 25 million (USD 35.3 million).

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