The Board of Directors of Al Salam Bank-Bahrain is pleased to inform the shareholders that the dividend cheques are ready for collection. Eligible shareholders are requested to contact the Bank’s registrar KPMG Fakhro starting from Tuesday 23 March 2010 to receive their dividends for the year ended 31 December 2009.
Invitation to the Ordinary and Extraordinary General Meetings
To download the Proxy, please click here for the English copy, and here for the Arabic copy.
The Chairman of the Board of Directors of Al Salam Bank-Bahrain (BSC) (“the Bank”) cordially invites the shareholders to attend the Ordinary and Extraordinary General Meetings (AGM & EGM) to be held on Monday, 8 March 2010, at 10:00 am and 10:30 am respectively at Al-Ghazal Ballroom, Ritz Carlton Hotel, Kingdom of Bahrain, to discuss the agenda below. If the required quorum is not available, a second meeting will be held on Monday 15 March 2010 at the same venue and time.
The Board of Directors of Al Salam is pleased to announce full allotment of one new share in Al Salam for every 2 shares in BSB based on the acceptance and transfer forms received from the shareholders of BSB as of the record date of 6 May 2009 (the “Record Date”) not exceeding the number of shares surrendered, and not exceeding the number of shares available as per the Share Register. Arrangements have been made with the Bahrain Stock Exchange for the listing of the new shares.
The Board of Directors of Al Salam is pleased to announce the successful conclusion of the Offer which opened on 17 May 2009.
A total of 452,150,083 BSB shares were surrendered, representing 90.43% of the total issued and paid up ordinary shares of BSB. Al Salam will issue 226,075,075 new shares in Al Salam to the shareholders of BSB who have accepted the Offer.
All BSB shareholders who have accepted the Offer shall receive a notice of allotment mentioning the number of new shares in Al Salam allotted to them.
Acceptance reached 80.2%
Offer to the Shareholders of Bahraini Saudi Bank Extended to 12 July 2009
The shareholders of BSB are hereby informed that the last date for receiving completed acceptance and transfer forms (“Initial Offer Closing Date”) has been extended from 28 June 2009 to 12 July 2009 with the approval from the Central Bank of Bahrain.
Announcement of the acquisition offer becoming unconditional to the shareholders
of Bahraini Saudi Bank B.S.C.
AL SALAM BANK-BAHRAIN B.S.C.’s VOLUNTARY UNCONDITIONAL OFFER TO ACQUIRE 100% OF THE ISSUED AND PAID UP ORDINARY SHARES OF BAHRAINI SAUDI BANK B.S.C.
