09.11.2010 - Mumtalakat announces Aluminum Bahrain IPO pricing
From BNA: Bahrain Mumtalakat Holding Company, Bahrain's sovereign wealth fund, announced that the Final Offering Price in the Initial Public Offering of Aluminium Bahrain is BD0.900 per Ordinary Share and US$11.97 per GDR, with one GDR representing five Ordinary Shares. The final price was determined through a bookbuilding process. Ten per cent of the Ordinary Shares of Alba, amounting to 142,000,000 Ordinary Shares, in the form of 69,018,875 Ordinary Shares and 14,596,225 GDRs, were offered by Mumtalakat .There will be no over-allotment in connection with the Offering..............................................Full Article: Source
Print