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76CS Montenegro 29a

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Name Symbol Market Type
Montenegro 29a LSE:76CS London Bond
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

NBAD Subordinated Convertible Notes due 2018 (7275X)

20/02/2012 11:36am

UK Regulatory


Montenegro 29a (LSE:76CS)
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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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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