FIMBank plc - New Shares Issued

Tuesday, July 30th, 2013

On 29 July, FIMBank plc announced that it issued 36,254,567 new shares in favour of United Gulf Bank (UGB) in full and final settlement of its obligations in terms of the US$30 million Tranche A of the convertible loan. Following the increase in the number of shares in issue at the Bank to 179,198,169 shares, UGB’s shareholding in FIMBank plc has now increased to 30.25%.

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