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The National Bank decides the entitlement date for the secondary subscription

2014-08-11

The BOD of the National Bank decided the entitlement date for the secondary subscription to be on the end of the trading session 27/08/2014. This comes after the decision of the extraordinary general assembly GA of The National Bank TNB during May 2013 regarding increasing the authorized capital from $50 million to $75 million, and the investment committee’s decision approval of covering the unpaid capital through offering shares for secondary public subscription for the bank’s shareholders with a $1 par value per share.