Batelco Group announced the appointment of SICO BSC (c) as the designated market maker for Batelco with respect to the company's ordinary shares listed on the Bahrain Bourse; based on the approval received from the Central Bank of Bahrain (the "CBB") on December 26, 2018 and Batelco's shareholders during their general meeting held on March 29, 2018. The approval will enable SICO to manage the market making activity with the prime objective of creating a dynamic two-way market that will enhance liquidity and reflect more accurately the true value of Batelco's shares. The market making mandate will be subject to holding no more than 3% of the total issued shares.