Sale of 1.8% of Gatehouse Bank plc to a Leading Global Asset Manager Based in London.

On 11 March 2015, the company completes the sale of 285 million shares of its investment in Gatehouse Bank plc (equivalent to 1.8% of the bank’s share capital) to Threadneedle Investments, a leading global asset manager based in London, at a price of 2.25 pence per share.  This sale results in the recognition of a net gain of approximately KD 150 thousand.

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