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TNB offers 13.76 million shares for secondary subscription

2021-09-01

The National Bank TNB announced, after taking the necessary approvals, offering 13.76 million shares for secondary subscription for one dollar per share, from Thursday morning 09/09/2021 till Thursday evening 30/09/2021, for the bank’s shareholders as for 28/07/2021 , through the National Bank TNB and Cairo Amman Bank. With this subscription, TNB will raise the authorized capital from $100 million/shares to $110 million/shares. Also, it will raise the paid-up capital by 15% from $91.76 million/shares to $105.53 million/shares.