Strategic move opens path for investors
APM Terminals Bahrain has officially been listed and traded on the Bahrain Bourse - the Bahraini stock exchange - under the trading symbol APMTB.
Shaikh Khalifa bin Ebrahim Al Khalifa, Chief Executive Officer of Bahrain Bourse, said, “We are pleased to welcome the listing of APMT, the exclusive manager and operator of Khalifa Bin Salman Port, on Bahrain Bourse.
“The listing of APMT on Bahrain Bourse marks an important milestone towards achieving our strategic objectives in terms of attracting new issuers from fast growth economic sectors and expanding the Bourse’s investor base.”
The ceremony was held in the presence of Zayed bin Rashid Alzayani, Minister of Industry, Commerce & Tourism and Minister in Charge of Bahrain Bourse; the Governor of the Central Bank of Bahrain Rasheed AlMaraj; Kamal bin Ahmed, Minister of Transportation and Telecommunications, along with CEOs of the listed companies and officials of Bahrain Bourse.
Mark Hardiman, Managing Director, APM Terminals Bahrain, said, “This is a historic day as APM Terminals Bahrain has become the first transport and logistics company in the Kingdom to be listed on the Bahrain Bourse.
“The results of our IPO have surpassed our expectations as it has been one of the most successful IPOs in Bahrain’s recent history in terms of investor participation with 97.4 million shares being applied for.”
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