Dubai Financial Market to hold investor awareness day for Salam Bahrain Bank
• Investor awareness day to instruct shareholders on how to transfer shares in Salam Bank Bahrain from Bahrain Financial Market to Dubai Financial Market
• Salam Bank Bahrain to list on DFM March 26, 2008
The Dubai Financial Market (DFM) and Salam Bank Bahrain will hold a pre-listing investor awareness day on March 18, 2008 to instruct UAE shareholders of Salam Bank Bahrain on how to transfer their shares of the bank that are listed on the Bahrain Stock Exchange to the Dubai Financial Market. The Bahrain-based bank will formally list its shares on DFM on March 26, 2008.
Many of the shareholders in Salam Bank Bahrain are from the UAE, and moving their shares of the public company from the Bahrain Stock Exchange to DFM will give them greater access to their shares and enhance their ability to trade them.
“This event is not simply a standard dual listing event for a company,” said Maryam Fikri, Director of Clearing, Depository and Settlement, DFM. “This event will instruct people on how to transfer their shares, and will help those who are interested in Salam Bank Bahrain learn more about this company.”
The event is open to all, and is not limited to a specific shareholder type. Investors, brokers and those with shares in Salam Bank Bahrain can attend. The event will take place at the Fairmont Hotel in Dubai at X:XXpm and is scheduled to last approximately two hours. Senior representatives from both DFM and Salam Bank Bahrain will be on hand to answer questions from attendees.
“This event will bring together shareholders from Bahrain and the UAE,” said Dr. Hassan Al Bastaki, Executive Vise President, Head of Operations, IT and Support Services, Salam Bahrain Bank. “This is a unique opportunity for the investment community of Dubai. Investors from both countries are getting unprecedented access to the economic future of Bahrain, and there will be considerable fiscal benefits for the investor communities of both Bahrain and Dubai. Salam Bank Bahrain is newly incorporated, and for many investors in Dubai, this event will let them know of the investment opportunities to be had with the company”
