How you can take part
The subscription period - when you can apply for shares - runs from 26 April to 10 May.
You can get an application form and a copy of the prospectus - which gives all the details about the Seef Properties business - from designated branches of receiving banks BBK and Bahrain Islamic Bank.
You can apply for shares through two types of offerings - the Retail Offering and the Institutional Offering.
The Retail Offering is just open to individual Bahraini investors wishing to purchase between 5,000 and 50,000 shares. If you qualify for the Retail Offering, you will be able to purchase shares at a discounted rate, and will pay in two instalments, 50% once your application is successful, and 50% one year on from the IPO launch date - 26 April 2008. (If the IPO is over-subscribed, then you may receive a smaller amount than your initial application.)
The Institutional Offering is open to all other nationalities or institutions, or Bahrainis wishing to purchase more than 50,000 shares.
Offering Timetable
| A | Announcement Date | Thursday | 19th April 2007 |
| B | Subscription Start Date | Thursday | 26th April 2007 |
| C | Subscription Closing Date | Thursday | 10th May 2007 |
| D | Allotment Date | Thursday | 17th May 2007 |
| E | Allotment Announcement Date | Thursday | 31st May 2007 |
| F | Distribution Date | Monday | 11th June 2007 |
| Trading Date | Trading in the Company’s Ordinary Shares on the BSE will commence once all legal formalities have been completed. An announcement will be made by the BSE in relation to the commencement of trading. | ||

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