Statement Issued by the Capital Market Authority

Urging the Parties in the Ahli Bank Acquisition process to exercise highest Standards of integrity, transparency and  provide fair treatment for all shareholders

The Capital Market Authority closely monitored  the disclosures published on the Muscat Stock Exchange (MSX) website by Bank Dhofar SAOG and Ominivest LLC on the offers for acquisition of  the shares of Ahli Bank listed on the MSX  as well as the enquiries  that reached the CMA, and on social medial platforms from shareholders and stakeholders about the details of the  takeover and acquisition offer.

CMA would like  to confirm to all shareholders that this matter   is regulated by  the provisions of the  Takeover and Acquisition Regulations  issued by CMA’s Decision No 2/2019 dated  May 9, 2019  and all the parties taking part in the takeover and acquisition process must comply with the Regulation specifically  the provisions of Article (5) of the Takeover and Acquisition Regulation in observing highest standards of integrity, transparency and providing fair treatment to all shareholders and to ensure not to provide information to shareholders on selective basis in the takeover offer and guarantee not to mislead the consumers in the market.

CMA also emphasized the investors relations sections in the entities  participating  in the process to provide communication channels with the public  in accordance with the  Directives for Interaction between the public joint stock companies, analysts, investors and reporters issued vide CMA’s Decision No. 109/2022.