Last checked at 3 Jan 2017 07:00
Invitation to Subscribe to The Commercial Bank (P.S.Q.C.) Rights Issue
The Extraordinary General Assembly of the Bank held on 16 November 2016 (the Meeting) 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.
The application form for subscription is available on the Bank's website (www.cbq.qa). Completed forms along with the required documents should be submitted to any of the Commercial Bank's branches during the abovementioned period. For further details, please refer to the Prospectus on our website.
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