Announcement Detail |
In reference to the announcement made by the Saudi British Bank (“SABB”) on 16/6/2019 regarding the effectiveness of the resolution to merge Alawwal bank in SABB (the “Merger”), SABB would like to announce that the listing of the Consideration Shares (as defined in the Shareholder Circular) and the deposit of the same in the accounts of the eligible Alawwal bank Shareholders have been completed. Therefore, pursuant to the Merger Agreement and as set out in the Shareholder Circular, the Merger has been completed. |
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