Abu Dhabi Commercial Bank PJSC Statement on potential merger or combination (7238Z)
04 Septembre 2018 - 12:20PM
UK Regulatory
TIDM43BI TIDMTTM
RNS Number : 7238Z
Abu Dhabi Commercial Bank PJSC
04 September 2018
NOTICE TO HOLDERS OF NOTES ISSUED UNDER ADCB FINANCE (CAYMAN)
LIMITED'S U.S.$9,000,000,000 GLOBAL MEDIUM TERM NOTE PROGRAMME
UNCONDITIONALLY AND IRREVOCABLY GUARANTEED BY ABU DHABI COMMERCIAL
BANK PJSC
Statement on potential merger or combination
Following recent reports in the media, Abu Dhabi Commercial Bank
PJSC ("ADCB") announces the commencement of exploratory talks
regarding a potential merger with Union National Bank PJSC. Similar
and separate discussions have also commenced with the shareholders
of Al Hilal Bank PJSC.
Both sets of discussions are currently at a very preliminary
stage and may not result in a transaction.
ADCB is committed to the highest standards of regulatory
disclosure and will update its noteholders if and when there are
any material developments.
For further information, please contact:
Abu Dhabi Commercial Bank PJSC
PO Box 939
Abu Dhabi
United Arab Emirates
Attention: Denise Caouki
Telephone: +971 2 696 2084
Email: adcb_investor_relations@adcb.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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