REG - Commercial Bk Qatar - Updated disclosure CB's stake in United Arab Bank <Origin Href="QuoteRef">COMB.QA</Origin>

Commercial Bank PSQCAnnouncement

29/01/2018 07:05

RNS Number : 1287D
Commercial Bank of Qatar (Q.S.C.)
28 January 2018
Updated Disclosure: Commercial Bank's Stake in United Arab Bank (UAB)
29 January 2018, Doha - Qatar: Further to the announcement dated 26 September 2017 titled "Commercial Bank's stake in United Arab Bank (P.J.S.C.)" and the updated announcements dated 22 October 2017 and 26 December 2017, kindly note that Commercial Bank has agreed to extend the exclusivity period to 28 February 2018 granted to Tabarak Investment Owned by Tabarak Commercial Investment One Person Company LLC in respect of the potential purchase of the Commercial Bank (P.S.Q.C.)'s stake in United Arab Bank (P.J.S.C.), a publicly listed entity on the Abu Dhabi Securities Exchange (A.D.X.), with its registered head office in Sharjah, UAE.
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