Doha, June 03 (QNA) - The Commercial Bank (P.S.Q.C.) (the Offeror) has announced an offer to all of the shareholders of the National Bank of Oman (S.A.O.G.) (the Offeree) to acquire an additional 15.2 per cent. of the issued capital of the Offeree.
Pursuant to Article 2 of the Merger & Acquisition Rules of the QFMA (the "Rules"), we are required to disclose certain information (unless otherwise defined, definitions have the same meanings as given to them in the Rules), and do so as follows: a. The name of the Offeror Company, its headquarters, objectives, capital, address, names of Top Management members and Major Shareholders and the shareholding percentage of each of them in the Offeree Company.
It is worth noting that the Commercial Bank was established in 1975 and was listed on Qatar Stock Exchange in 1997, and the authorized capital, paid-up capital and total number of subscribed shares are QR 4,47, 253, 750, and the number of tradable shares is 3 billion and 312 million and 2 thousand and 686 shares. (QNA)