Two Block Trades on Bank of Beirut’s Common Listed Shares

The Beirut Stock Exchange (BSE) released Bank of Beirut’s (BOB) statement detailing two block trades of the bank’s shares on the 28th of March, 2017.

According to the statement, Mr. Salim Sfeir relinquished 498,540 BOB common listed shares to Sfeir Bancorp Limited and Mr. Fawaz Naboulsi relinquished 318,423 BOB common listed shares to FSHN Limited.

The share price was set at $16.00.

The statement notes that Mr. Salim Sfeir is the sole owner of 2,000 shares issued by Sfeir Bancorp Limited and that Mr. Fawaz Naboulsi is the sole owner of 2,000 shares issued by FSHN Limited.  

Shareholders’ Stake in BOB’s Capital Post-Block Trade

Shareholder Percentage
Salim Sfeir 0.0002%
Fawaz Naboulsi 0.86%
Sfeir Bancorp Limited 4.43%
FSHN Limited 3.39%

Source: Bank of Beirut, Beirut Stock Exchange

 

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