Bahrain Commercial Facilities Company B.S.C. (“BCFC”) today announced that its recent rights issue to raise BD25 million was fully subscribed. Shareholders applied for the full issue of 42,350,000 newly issued ordinary shares which increased the total issued and paid up share capital of the Company to 163,350,000 ordinary shares.

Securities & Investment Company B.S.C. (c) (SICO), the Bahrain based, regionally focused investment bank, is acting as Lead Manager to the Rights Issue. Hatim S. Zu’bi & Partners are acting as Legal Advisors and BBK B.S.C. as Receiving Bank.

The full press release in English & Arabic can be downloaded here.