BKSB
Further to our newspaper advertisements dated 31st March and 1st April, 2015 that contained detailed Rights Issue announcement and important dates, we would like to inform our shareholders of the rights issue timeline as under –
Rights Issue of 228,800,000 shares
Issue price - Baiza 175 per share (with the nominal value of each share being Baiza 100 plus premium of Baiza 73 and Issue Expenses of Baiza 2 per share)
Issue Manager – Gulf Baader Capital Markets SAOC
Collecting Bank –Bank Sohar
Timeline for rights issue –
| ACTIVITY |
DATE |
| Approval of Prospectus by CMA |
30th March, 2015 |
| Date of publication of announcement |
31st March, 2015 |
| Record Date |
7th April, 2015 |
| Service of Notices on the shareholders |
12th April, 2015 |
| Listing of the rights entitlement |
14th April, 2015 |
| Date of commencement of subscription (Issue Open Date) |
15th April, 2015 |
| End of trading of the rights |
21st April, 2015 |
| End of subscription period (Issue Close Date) |
29th April, 2015 |
| Listing and allotment |
12th May, 2015 |
Shareholders are advised to read the Prospectus for full details.
