Disclosure on Commentary on Unusual Trading of KIB Shares
Reference to Capital Market Authority’s regulations concerning the disclosure of substantial information and the mechanism for disclosing the same, and to Article 4-5 of Chapter Four (Book 10) of CMA’s executive bylaws issued on 9 November 2015. Reference also to the email received on Thursday 22.12.2016, from Boursa Kuwait, inquiring about the unusual trading of the bank’s stocks on 22.12.2016.
We would like to confirm that we have not had any recent developments, which may affect the bank’s stock price or its trading volume in a way that resulted in such unusual activity.