17 Feb 2010 11:21
RNS Number : 2741H
Byblos Bank S.A.L.
17 February 2010
For Immediate Release 17 February 2010
Byblos Bank SAL
Re: Sale of Shares
Byblos Bank SAL is pleased to announce that its principal shareholder, Byblos Invest Holding SA (Luxembourg) has sold to International Finance Corporation (IFC) 47,619,047 common shares of the Bank at a price of USD$2.1 per common share, for an aggregate purchase price of approximately USD$100 million.
END OF STATEMENT
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