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Alinma Bank announces first day results of its IPO

Saudi Arabia: Wednesday, April 09 - 2008 @ 14:45

The results noted 92% of investors used an alternative means to purchase shares. For the day, the number of investors used phone banking 23%. Another 18% individuals chose to purchase shares through the internet and 51% investors subscribed through ATMs.

Samba Capital continue to maintain its coordination and follow-up efforts with all receiving banks so as to ensure that investors would be provided with every opportunity to participate in subscribing to Alinma Bank’s IPO.

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Wednesday, April 9- 2008 @ 14:45 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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