In a move to strengthen Bahrain’s capital market, the Bahrain Bourse (BHB) has released a new set of Investor Relations (IR) Guidelines. The framework is designed to push for greater transparency and more effective communication between companies listed on its Mainboard Market and the investment community.
Quick Facts
- New guidelines for Mainboard listed companies.
- Mandatory compliance required by March 31, 2028.
- Aims to improve transparency and investor engagement.
A New Playbook for Corporate Communication
The new guidelines introduce a mix of mandatory rules and recommended best practices. A key mandatory requirement for all companies listed on BHB’s Mainboard Market is the creation of a dedicated Investor Relations section on their corporate websites. This portal will serve as a central hub for shareholders and potential investors to access company news, financial reports, governance disclosures, and other important information.
The initiative aims to standardize how information is shared, ensuring timely and consistent disclosure across the market. This aligns with BHB’s broader strategy to meet international best practices and support its ESG and sustainability goals.
Raising the Stakes for Market Leaders
For larger companies, the requirements are more demanding. Firms with a market capitalization of BHD 100 million or more must now appoint a designated Investor Relations Officer to manage communications with shareholders and investors directly.
Furthermore, these companies will be required to hold an annual Earnings Call within 10 working days of publishing their financial results. This provides a formal platform for investors to engage with management, ask questions, and gain deeper insights into financial performance and strategic direction.
Shaikha Alzayani, Senior Director of Listing & Disclosure at Bahrain Bourse, commented on the launch, stating, “The launch of the Investor Relations Guidelines marks a significant milestone in Bahrain Bourse’s ongoing efforts to further develop the Kingdom of Bahrain’s capital market and reinforce the highest standards of transparency and disclosure in line with international best practices.”
She added, “By introducing a clear and structured Investor Relations Guidelines, we are equipping Listed Companies with the tools and guidance needed to foster more effective engagement with shareholders, investors, and the wider investment community.”
Beyond the Rules: Pushing for Proactive Engagement
In addition to the mandatory rules, the guidelines also outline a series of non-mandatory recommendations. These encourage companies to build their visibility by participating in capital market events and roadshows. The Bourse also suggests that companies actively support sustained analyst coverage of their securities to broaden their appeal to a more diverse range of investors.
About Bahrain Bourse
Bahrain Bourse is a self-regulated multi-asset marketplace operator established in 1987. The Bourse offers a comprehensive suite of products and services including listing, trading, settlement, and depository services for various financial instruments. Its mission is to provide a transparent and efficient capital market platform for issuers, investors, and members in the Kingdom of Bahrain.
Source: Bizbahrain
