OREANDA-NEWS. The Board of Directors of Doha Bank is honored to invite the esteemed shareholders to attend the Ordinary General Assembly Meeting of the Shareholders, which will be held at 04:00 PM on Tuesday 10/5/2016 in Head Office Tower – West Bay – floor no. (1). However, if the quorum required is not attained, a second meeting will be held on Sunday 15/5/2016 at the same time and venue to look in:
  1. To submit a recommendation to the Ordinary General Assembly of the Shareholders to approve issuance of Certificate of Deposits (CD) program whose main components would be as follows:

- The Bank will issue Certificate of Deposits (CD) either through an SPV guaranteed by the Bank or directly by the Bank as part of its product suite.

- The program size would be up to USD 3.0 Billion.

- The total minimum amount per certificate will be USD 1.0 Million or equivalent and maximum USD 1.0 Billion or equivalent.

- The tenor and interest rates would be determined as per the market conditions.

- The CDs can be issued to local as well as international investors.

- The CDs can be issued in QAR or in various major currencies.

- To authorize the Board of Directors of Doha Bank and those authorized by the Board to take all necessary actions to execute these issuances within the program after obtaining the approval of Qatar Central Bank, the Ministry of Economy and Commerce and any other competent authorities.

- Delegation from Ordinary General Assembly of shareholders to the Board would be valid for 3 years.

  1. To submit a recommendation to the Ordinary General Assembly of the Shareholders to approve issuance of Commercial Papers (CP) Program whose main components would be as follows:

- The Bank can issue Commercial Papers (CP) either by an SPV guaranteed by Doha bank or directly by the Bank through a Euro Commercial Papers program.

- The program size would be USD 2.0 Billion; where minimum amount per issuance would be USD 50.0 Million or equivalent and maximum would be USD 1.0 Billion or equivalent.

- The CPs can be issued in QAR or in various major currencies.

- The maximum tenor would be up to 1 year.

- To authorize the Board of Directors of Doha Bank and those authorized by the Board to take all necessary actions to execute these issuances within the program after obtaining the approval of Qatar Central Bank, the Ministry of Economy and Commerce and any other competent authorities.

- Delegation from Ordinary General Assembly of shareholders to the Board would be valid for 3 years.

Notes

►    Dealing in the shares of the bank will be stopped on the date of the meeting.

►    If unable to attend personally, the shareholder may nominate another shareholder as his proxy (other than board members) to attend the meeting. Proxy shall be submitted to Bank’s official before commencement of the meeting in order to prove the capacity to attend.  However; shares in possession of the nominated proxy should not in any way exceed 5% of the total shares i.e. (12,918,612) shares. In case the shareholder is a juridical person (company, establishment etc...), the attending representative should submit a written authorization for this effect duly signed and stamped by the company/establishment.

►    Invitation to the meeting is also posted on Doha bank''''s website.

Shareholders are kindly requested to be in the meeting venue one hour prior to the meeting time to facilitate the registration.