GFH appoints SICO as Market Maker to acquire treasury shares 

02/07/2017 09:00 AST

GFH would like to inform its shareholders and the markets that it has signed an agreement  with SICO  to act as a market maker  for GFH’s  shares which is based on  the non-objection  recently received from the Central Bank of Bahrain for further acquisition of treasury shares  by GFH.

It  is  to  be  noted  that  GFH’s  shareholders’  (EGM)  had  earlier  approved  the  acquisition  of treasury shares on 12th April 2015.

Accordingly,  GFH  has  entered  into  this  market  marking  arrangement  to  acquire  treasury shares with an objective to stabilize and support share prices.

SICO will start the market making and shares acquisition activities effective Sunday, 2nd July  2017. 


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