Conversion of Mandatory Convertible Bonds (MCBs) Issued in 2024
Title :
Conversion of Mandatory Convertible Bonds (MCBs) Issued in 2024
Content :
Further to the Bank’s disclosure dated 15 April 2026 regarding the Mandatory Convertible Bonds (MCBs) issued on 29 April 2024, Ahli Bank SAOG (the “Bank”) would like to inform its shareholders, bondholders, and the market of the following:
The Muscat Stock Exchange (MSX) has issued today the following administrative decisions:
- Administrative Decision No. (59/2026) regarding the increase in the Bank’s share capital resulting from the conversion of the Mandatory Convertible Bonds into ordinary shares, as follows:
· Total number of shares after increase: 2,778,290,915 shares
· Issued capital after increase:
OMR 305,331,882.420
- Administrative Decision No. (60/2026) regarding de-listing of the Bank’s Mandatory Convertible Bonds issued on 29 April 2024 from the Bonds and Sukuk Market following their conversion into ordinary shares.
The above decisions shall take effect as of Thursday, 30 April 2026.
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