ABU DHABI ISLAMIC BANK ADIB.AD :
* RAISES 1 BILLION DIRHAMS THROUGH RIGHTS ISSUE AIMED AT SUPPORTING BANK’S GROWTH STRATEGY, OFFER FOR NEW SHARES WAS ABOUT 5 TIMES OVERSUBSCRIBED
* FOLLOWING CLOSE OF SUBSCRIPTION PERIOD ON OCTOBER 09, DESIGNATED 464 MILLION NEW SHARES WILL BE FULLY ALLOCATED ON OCT 16
* SUBSCRIPTION FOR 1 BILLION DIRHAMS ADIB RIGHTS ISSUE WAS COMPLETED ON OCTOBER 09, 2018 AND GENERATED INVESTOR DEMAND IN EXCESS OF 5 BILLION DIRHAMS
Source: (https://bit.ly/2OVZAfs) Further company coverage: ADIB.AD
((Reuters.Briefs@thomsonreuters.com;))
