THE TUNISIAN ACCUMULATOR ASSAD
Head office: Elfouledh street, 2013 ZI Ben Arous
The Company “L’Accumulator Tunisien Assad”, informs its shareholders, that its Board of Directors meeting on Friday, April 19, 2019, reviewed the activity of the company relating to the 2018 financial year and approved the financial statements therein. relating thereto as well as the consolidated financial statements of the Assad group.
It emerges from the examination of the individual financial statements that the activity of the parent company Assad generated an individual net result of 8,037,117 DT compared to a net result of 7,157,684 DT in 2017, thus recording an increase 12.3% compared to the previous year. As for the consolidated financial statements, they showed a result of the consolidated set of 8,900,740 DT.
The Board of Directors has decided to : 1. Convene the Ordinary General Assembly for Wednesday, June 12, 2019 at Hotel ACROPOLE located at rue Rodrigo De Freitas les Berges du Lac Tunis at 10 a.m. 2. Propose to the General Assembly the distribution of a dividend of 0.350 Dinar per share.
These dividends will be taken from tax-exempt equity capital and therefore they will be distributed free of withholding tax.