Najd Gateway Holding Company has formally moved to acquire approximately 84.51 percent of the ordinary shares of Samba Bank Limited, in a transaction that would give the acquirer controlling interest in the Pakistani banking institution. The development follows a public announcement of intention published on February 20, 2026.
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An addendum to the original public announcement was issued to clarify the authorized, issued, paid-up, or contributed capital of the acquirer, which was inadvertently omitted from the initial disclosure published in newspapers. Arif Habib Limited, serving as Manager to the Offer, has confirmed the publication of this addendum, which includes the missing capital details of Najd Gateway Holding Company for the proposed acquisition.
Transaction Details
The proposed acquisition would see Najd Gateway take ownership of more than 84 percent of Samba Bank’s ordinary shares, representing a controlling stake that would allow the acquirer to determine the strategic direction and management of the bank. All other details of the original announcement remain unchanged, with only the capital information being supplemented through this addendum.
The acquisition would represent a significant consolidation in Pakistan’s banking sector, bringing Samba Bank under new majority ownership. Samba Bank has operated in Pakistan as part of the broader Samba Financial Group, and this transaction would transfer control to Najd Gateway Holding Company.
Regulatory and Procedural Context
The information regarding the addendum was disseminated through a formal notification to the Pakistan Stock Exchange, ensuring transparency and compliance with regulatory requirements. Such disclosures are standard practice for material transactions involving listed companies and protect the interests of minority shareholders and other stakeholders.
Arif Habib Limited, a prominent financial services firm in Pakistan, is managing the offer process, bringing credibility and professional oversight to the transaction. The involvement of a reputable manager helps ensure that the acquisition proceeds in accordance with applicable laws and regulations.
About Najd Gateway Holding Company
Najd Gateway Holding Company is the acquiring entity seeking to establish control over Samba Bank Limited. While detailed information about the company’s background and operations was not fully detailed in the initial announcement, the addendum now provides the required capital structure information to complete the public disclosure.
About Samba Bank Limited
Samba Bank Limited is a scheduled commercial bank operating in Pakistan, offering a range of banking products and services to retail and corporate customers. The bank is listed on the Pakistan Stock Exchange, and any change in controlling interest represents a material event for shareholders and market participants.
About Arif Habib Limited
Arif Habib Limited is one of Pakistan’s leading financial services companies, offering investment banking, brokerage, and asset management services. The firm’s involvement as Manager to the Offer adds professional credibility to the acquisition process.
