Al Baraka عربي

Receipt of Firm Intention to Make the Exit Offer and the Offer Document from Dallah AlBaraka Holding Company B.S.C (c) (“Dallah” or the “Offeror”)

Manama I October 3, 2023

Al Baraka Group B.S.C., announces it received a firm intention from Dallah AlBaraka Holding Company to acquire up to 22.62% of the issued and paid-up ordinary shares of ABG. The cash offer is USD 0.30 for each ABG share.
ABG has received a notice of firm intention to make the Exit Offer and the Offer document from Dallah on 3 October 2023. ABG will provide additional disclosures on this matter, on an ongoing basis, to ensure compliance with governing laws and regulations.
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