The authorised share capital of the Bank is RO 1 billion (31 December 2022: RO 1 billion). The issued shares of the Bank are 5,467,888,500 shares (31December 2022: 4,590,062,290 shares). The fully paid up capital of the Bank is RO 561.572 million (31 December 2022: RO 455.355 million).
In August 2023, the Bank issued 877,826,210 fully paid up ordinary shares valued at 121 baisa per share to the shareholders of HBON, amounting to RO 106.216 million, as part consideration for the merger.
As at 31 December 2023, the following shareholders held 10% or more of the Bank’s capital, either individually or together with related parties:
Number of shares | % Holding | |
The Royal Court of Affairs | 752,157,388 | 13.76 |
Oman Investment & Finance Co SAOG | 712,173,041 | 13.02 |
The share premium of RO 18.038 million (31 December 2022: RO 18.038 million) represents premium collected on rights shares issued prior to 2019.
Listed on 04 March 2007, Sohar International Bank has issued 5,467,888,500 shares.
Over the previous decade, Sohar International Bank has consistently paid shareholders a cash dividend ranging between 3% and 8%.
Stock exchange announcements
Distribution of Share Ownership
As on 31.03.2024