Bahrain Clear Becomes the Share Registrar for Bahrain Duty Free’s Shares

Sunday, July 30, 2017
Bahrain Clear, a fully owned subsidiary of Bahrain Bourse, and Bahrain Duty Free signed on Thursday 27th July 2017 an agreement to assign Bahrain Clear as a Share Registrar for the shares of the company.

The agreement was signed by the Chief Executive Officer of Bahrain Bourse and Managing Director of Bahrain Clear, Shaikh Khalifa bin Ebrahim Al-Khalifa, and the General Manager of Bahrain Duty Free Mr. Bassam Al Wardi.

According to the agreement, Bahrain Clear will provide Bahrain Duty Free with a variety of services that includes maintaining a record of the share register that holds the shares in electronic form, and updating the data of the registry resulted from dealing on the company’s shares in accordance with the rules and regulations of Bahrain Bourse.

In addition, Bahrain Clear will provide Bahrain Duty Free with online services that include real-time shareholding confirmations with the percentage of investors’ holdings’ dealings, investors’ account statements, and other periodical reports.