Sign In
8 Jul 2021 07:07
RNS Number : 5905E
BankMuscat (S.A.O.G)
08 July 2021
Date: 8th July 2021
Subject: Acquisition of an Additional Stake
We wish to inform the market that Bank Muscat SAOG (the bank) has been notified by Oman International Development and Investment Company SAOG (Ominvest), an existing shareholder in the bank that Ominvest has received the Central Bank of Oman's approval to acquire additional shareholding of upto 5% in the bank. Ominvest also informed the Bank that this additional stake purchase will be through the market in a time bound manner depending on the market conditions.
This disclosure is being made by the bank as part of its disclosure responsibility of any material information it receives.
Waleed K. Al Hashar
Chief Executive Officer
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Bankmuscat Regs (BKM)
Follow the stocks
