send to a friend by email

The National Bank offers shares of secondary subscription

2014-09-14

The National Bank TNB announced after obtaining the approval of the Palestine Capital Market Authority offering shares for secondary subscription, as following:

1. The number of shares offered for secondary subscription is 25,000,000 shares.
2. The par value of the offered shares is at $25,000,000, with a par value of $1 per share.
3. The subscription begins, starting from the business day Wednesday morning 17/09/2014 and ends at the end of the business day of Thursday 02/10/2014.
4. The subscription is limited to the bank’s shareholders as registered on 27/08/2014.
5.  The shareholders have the right to subscribe by 50% of the total number of their owned shares.