*** BHB to amend Key person policy | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

BHB to amend Key person policy

The Board of Directors of Bahrain Bourse (BHB) held its fourth meeting for this year on Wednesday, October 29 chaired by Chairman of the Bourse Yusuf Abdulla Humood.

The Board agreed in this meeting on approving the mechanism for the Central Bank of Bahrain (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.

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