Invest Bank shareholders OK reverse stock split

Invest Bank capital before and after reverse stock split

Pre-reverse stock split

Post reverse stock split

Total issued share capital

AED 3.20 billion 

AED 3.20 billion (unchanged)

Number of issued shares

263.18 billion shares

3.20 billion shares

Nominal value per share

AED 0.0122

AED 1.00

Additional details

Last trading day at previous par value / effective date

20 October 2026

Trading suspension period

5 trading days

Record close

Oct. 26, 2026

Reference price adjustment

Oct. 22, which is also the last entitlement date

Confirmation of holdings, aggregation and balance adjustment at ADX Depository

As of the record close date

Reflected adjusted paid-up capital in the Market system

Oct. 27, 2026

Resumption of trading

The market and the bank will announce the date through the disclosure platform

International Securities Identification Number (ISIN)

It will not change after the share consolidation

Aggregation details

Impact of aggregation on capital

The bank's total issued share capital will remain unchanged at 3.2 billion AED, as the aggregation only alters the par value of the shares, resulting in a lower number of shares and a higher par value per share, while the total share capital remains the same.
 

Impact on shareholders

Each shareholder's ownership percentage in the bank is expected to remain substantially unchanged after the aggregation, subject to rounding down to the nearest whole share and the minimum allocation of one share.

The number of shares held by each shareholder will decrease; however, the proportionate ownership of the bank's capital will generally remain unchanged, except for minor variations resulting from these adjustments.

There may be a slight difference in the overall par and market value of a shareholder's holdings due to the rounding and minimum allocation mechanisms and any cash distributions for fractional share entitlements.
 

Expected share price after aggregation

Expected to range between AED 2.00 and AED 2.50
 

Fractional share treatment 

Shareholders who hold 82 shares or fewer before the consolidation will receive one new ordinary share, ensuring they remain shareholders in the bank.
 

All other shareholders will have their fractional share entitlements rounded down to the nearest whole number.

Fractional share entitlements, after allocating enough shares to ensure each shareholder receives at least one new ordinary share, will be aggregated into whole shares and sold on ADX at the prevailing market price.
 

The net proceeds from the sale will be distributed proportionally to eligible shareholders within 10 business days from the date of settlement of the fractional share sales in the market.
 

Trading suspension and effective date :

Trading in the bank’s shares will be suspended for five trading days, with the record closure date on the fourth day of the suspension period.
 

The tenth day following the shareholders’ meeting that approves the consolidation will be the last day the bank’s shares are traded at the pre-consolidation par value, and this day will be designated as the effective date (record closure date).