Major shareholder transaction on Takaful International Company B.S.C. (TAKAFUL)

Wednesday, June 28, 2017 02:45 PM

Major shareholder transaction on Takaful International Company B.S.C. (TAKAFUL)

On Wednesday 28/06/2017, 30 transactions with a total of 2,244,956 shares of Takaful International Company. B.S.C. (TAKAFUL) valued at BD 213,270.820 in regards to Bahrain & Kuwait Insurance Company B.S.C. mandatory offer to acquire TAKAFUL shares took place with the following details:

Buyer: Bahrain & Kuwait Insurance Company B.S.C.

Quantity: 2,244,956 Shares

Price: BD 0.095

Total Value: BD 213,270.820 The ownership of the major shareholder in Takaful International Company. B.S.C. (TAKAFUL) Shares after the execution of the above transactions became as follows:

 - Bahrain & Kuwait Insurance Company B.S.C. (Buyer) is 42,048,287 shares 67.28 % from TAKAFUL capital.