Al Ahlia Insurance Company B.S.C. (AHLIA) Change in Paid Up Capital

Sunday, December 3, 2017 05:25 PM

Al Ahlia Insurance Company B.S.C. (AHLIA) Change in Paid Up Capital

Bahrain Bourse announces that the issued and paid up share capital of Al Ahlia Insurance Company B.S.C. has been increased (for the purpose of paying the consideration for the acquisition of SGT’ assets and businesses) through the issuance of 50,000,000 new ordinary shares pursuant to the approval from the (EGM) meeting held on 3/8/2017, and this will be effective Monday 4/12/2017 as per the below distribution:

 

Previous Total Number of issued and fully paid shares

61,886,633

New Total Number of issued and fully paid shares

111,886,633

Previous Total Paid up Capital (BHD)

6,188,663.00

New Total Paid up Capital (BHD)

11,188,663.00


The closing price of Al Ahlia Insurance Company B.S.C. on Sunday 3/12/2017 is BHD 0.218