archyworldys

Americana Restaurants increases the number of shares of individual investors in the UAE

Abu Dhabi – Mubasher: Americana announced an increase in the number of shares available to individual investors in the UAE in its initial public offering from 5% to 10% of the total offering shares, to become similar to the percentage of individual investors in the Kingdom of Saudi Arabia..

The company stated in a statement that the percentage of shares available to the qualified institutions will change from 85% to 80% of the total offering shares.

The subscription period for the initial public offering continues until November 21, 2022 for the segment of individuals and other investors in the UAE and the Kingdom of Saudi Arabia, and until November 22, 2022 for the segment of qualified institutions in the UAE and the Kingdom of Saudi Arabia.

The offering will be conducted through a dual and simultaneous listing process on the Abu Dhabi Securities Exchange and the Saudi Stock Exchange “Tadawul”.

The company is expected to complete its listing on the Abu Dhabi Stock Exchange and the Saudi Stock Exchange (Tadawul) on December 6, 2022..

For trading and investing in Gulf stock exchanges, click here

nominations:

Video graphic .. How the UAE protects the rights of workers in the private sector

Infographic.. 10 reasons driving the growth of the UAE economy in 2022

Trending