NBAD Subordinated Convertible Notes due 2018 (7275X)
February 20 2012 - 6:36AM
UK Regulatory
TIDM76CS
RNS Number : 7275X
National Bank of Abu Dhabi P.J.S.C.
20 February 2012
NATIONAL BANK OF ABU DHABI
FOR IMMEDIATE RELEASE
Abu Dhabi. Monday, 20 February 2012.
At the AGM on 13 March 2011, a cash dividend distribution of AED
0.30/share and a stock dividend of 20% (1 bonus share for every 5
shares) was approved. To give effect to this as per Prospectus
clause 5(b)(i) and 5(b)(v) of the NBAD AED 2,000,000,000 US Dollar
Subordinated Convertible Notes due 2018, the conversion rate has
been adjusted from 21.02 AED/share to 17.41 AED/share as determined
by the Independent Financial Advisor.
ends.
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END
STRSEWFFSFESEEE
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