The authorised share capital of the Bank is RO 1 billion (31 December 2022: RO 1 billion, 30 June 2022: RO 400 million). The issued shares of the Bank are 4,590,062,290 shares (31 December 2022: 4,590,062,290 shares, 30 June 2022: 2,990,062,290 shares). The paid up capital of the Bank is RO 455.355 million (31 December 2022: RO 455.355 million, 30 June 2022: RO 295.355 million).
On 22 September 2022, the Bank completed the issuance of 1,600,000,000 shares through rights issue to its existing shareholders at a price of 102 baisa per share consisting of nominal value of 100 baisa per share and 2 baisa per share to cover the rights issue expenses, resulting in an increase in paid up capital of RO 160 million.
As at 30 June 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 | 16.39 |
Oman Investment & Finance Co SAOG | 708,123,041 | 15.43 |
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