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Announcement regarding cash dividends not received by shareholders of local public joint stock companies listed and held with companies prior to March 01, 2015

10 Aug 2020

Announcement regarding cash dividends not received by shareholders of local public joint stock companies listed and held with companies prior to March 01, 2015

With reference to the directives issued by the Securities and Commodities Authority regarding cash dividends not received by shareholders of local public joint stock companies listed and held with companies prior to 01 March 2015. National Bank of Umm Al Qaiwain PSC invites shareholders who are entitled to cash dividends not received for the period before 01 March 2015, to contact the bank by phone number 600565656 OR email to unclaimed.dividends@nbq.ae OR visit www.nbq.ae to ensure that the shareholder is entitled to the cash dividends. With the need to provide the bank, and in the event the shareholder is entitled to any cash dividends, the following documents are required in order for the profits to be disbursed:

  1. A letter signed by the shareholder or his legal representative addressed to the bank containing a request to issue a cheque or make a bank transfer of the value of the cash dividends due.
  2. The original Emirates ID of the shareholder and a copy thereof or the original passport of the shareholder and a copy thereof.
  3. In the event of a public or private company, Power of Attorney on behalf of the shareholder. Please provide the original and duly certified agency document with a copy as well as the agent’s Emirates ID and a copy of it or the agent’s original passport and a copy.
  4. Any other documents required by the Bank.

With an assurance that from the date of December 31, 2021, all profits that were not received by their beneficiaries will be transferred to the Securities and Commodities Authority, which will be responsible for disbursing the value of the profits to those who deserve it to the shareholders when they are claimed. It assumes this role in all details in due course.

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