Dubai – Mubasher: Emirates Islamic Bank (EIB) right issue listing and trading ended on Wednesday, which has started on 7 December, according to a bourse filing.
The bank has listed and traded AED 1.5 billion right issue at a reference price of 37 fils per share on 7 December, calling to subscribe for new shares from 14 to 28 December.
The rights issue will increase the bank's issued capital from AED 3.93 billion to AED 5.43 billion.
The new shares will be issued at a nominal value of AED 1 each.
