Commercial Bank
Announces the Invitation To Subscribe In The
Rights Issue From 08/01/2017 To 22/01/2017
December 29, 2016
The Extraordinary General Assembly of the
Bank held on 16 November 2016 resolved to
increase the issued share capital of the
Bank from QAR 3,266,292,100 to QAR
3,854,527,390 by way of offering 58,823,529
new ordinary shares for subscription at a
price of (QAR 25.50) twenty five Qatari
Riyals and 50 Dirhams each (10 Qatari Riyals
nominal value 15.50 Qatari Riyals issue
premium) (the Rights Issue).
The subscription period for Shareholders and
Holders of Subscription Rights will start on
Sunday 8 January 2017 and shall end at
1:00pm on Sunday 22 January 2017 Doha local
time.