Information  X 
Enter a valid email address

Abu Dhabi Comm Bnk (IRSH)

  Print   

Monday 29 July, 2019

Abu Dhabi Comm Bnk

Correction Notice

RNS Number : 0403H
Abu Dhabi Commercial Bank PJSC
29 July 2019
 

CORRECTION TO THE NOTICE OF REORGANISATION OF ABU DHABI COMMERCIAL BANK PJSC'S SHAREHOLDER

The following amendment has been made to the 'Reorganisation of Abu Dhabi Commercial Bank PJSC's Shareholder' announcement made on 27 June 2019 at 13:36 under RNS number 6907D (the "Original Announcement").

Abu Dhabi Investment Council Company PJSC is the majority shareholder of Abu Dhabi Commercial Bank PJSC, rather than the sole shareholder of Abu Dhabi Commercial Bank PJSC as stated in the Original Announcement.

All other details of the Original Announcement remain unchanged.

The full amended text is shown below:

REORGANISATION OF ABU DHABI COMMERCIAL BANK PJSC'S MAJORITY SHAREHOLDER

As you may be aware, the reorganisation of Abu Dhabi Commercial Bank PJSC's ("ADCB") majority shareholder, the Abu Dhabi Investment Council ("ADIC") has recently been completed (the "Reorganisation").  All of the assets and liabilities of ADIC have now been assumed, by operation of law, by Abu Dhabi Investment Council Company PJSC ("ADIC PJSC"), a UAE public joint stock company indirectly owned by the Government of Abu Dhabi through its 100% ownership of Mubadala Investment Company PJSC.

We hereby notify you that the majority shareholder of ADCB is now ADIC PJSC.  At all times, before and after the Reorganisation, the Government of Abu Dhabi has been, is and will continue to be the sole ultimate beneficial owner of ADIC and, subsequently, ADIC PJSC.  As such, the Government of Abu Dhabi continues to be an indirect majority shareholder of ADCB's share capital.

Where relevant, please proceed to update your know-your-customer records to reflect the Reorganistion.  If you have any queries in respect of this notice, please contact your ADCB representative.

  

Abu Dhabi Commercial Bank PJSC

 

29 July 2019

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
ISEKKLBLKDFZBBV

a d v e r t i s e m e n t