Announcement of the Results and Final Closure of GFH’s Offer to Acquire KHCB Shares

GFH Financial Group would like to announce the successful closure of the Offer Period for the voluntary acquisition of Khaleeji Commercial Bank B.S.C. (“KHCB”) shares, which will increase GFH’s significant controlling stake in KHCB. For further details please refer to the attached announcement.
This acquisition is expected to reflect positively on GFH’s Q4 2021 financials and the upcoming financial years.