REG - BankMuscat (S.A.O.G) - Bank Muscat SAOG Appoints Liquidity Provider

Bank Muscat SAOGAnnouncement

Today 07:15

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RNS Number : 5934P  BankMuscat (S.A.O.G)  03 July 2025

 

 Date: 3 July 2025

 Disclosure

 Bank Muscat SAOG Appoints Ubhar Capital as a Liquidity Provider

 Bank Muscat SAOG ("Bank Muscat") would like to inform the market that
 subsequent to the approval received from its shareholders during the Annual
 General Meeting (AGM) held on 26 March 2025, it has entered into an agreement
 with Ubhar Capital SAOC ("U-Capital") to appoint U-Capital as the liquidity
 provider (LP) in respect of Bank Muscat's shares listed on the Muscat Stock
 Exchange ("MSX") in accordance with MSX Resolution No. 73/2023 Issuing the
 Market Making Regulation.

 The Agreement will be effective for one year, subject to renewal. U-Capital
 will commence LP services on the 6(th) of July 2025 independently, within
 specific controls and standards according to the requirements of the
 regulatory authorities.

 This arrangement aligns with MSX's strategy to encourage investment
 activities, and contribute to the enhancement of capital markets to propel
 economic development and support Oman's Vision 2040.

  Waleed K. Al Hashar

Chief Executive Officer

 

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