Manama, Nov. 3 (BNA): The Board of Directors of Bahrain Bourse (BHB) held its fourth meeting for this year on Wednesday, 29th October 2015 chaired by Mr. Yusuf Abdulla Humood, Chairman of the Bourse, where the Board discussed the topics on the agenda.

The Board agreed in this meeting on approving the mechanism for the Central Bank of Bahrain’s (CBB) to facilitate the dealing of all types of investors in the secondary market of Debt Instruments in Bahrain Bourse.

BHB Board also agreed to amend the Key Person policy in the Bourse to include the Bourse’s Board of Directors, in addition to Bahrain Bourse staff.

The Board also approved the proposed amendments on the listing requirements that relate to the nature of shares listed and traded in Bahrain Bourse in which the electronic record will be the method to trade or proof an ownership without the need to use physical certificate.

During the meeting, the Board also reviewed and approved the financial results of BHB as of 30th September 2015.

The Board also discussed the latest developments regarding BHB’s strategic plan, along with the operational plan and its evaluation criteria and made some recommendations in this regard.
The Board discussed the reports and recommendations of the Board’s Committees and decided on actions to be taken.

W H Q

BNA 1335 GMT 2015/11/03