Understand your opportunities and get ready.
ADIB is raising capital to support its ambitious growth by issuing rights to all registered shareholders as of Wednesday, 12 September. Registered shareholders as at this date will receive 29 rights for every 198 shares they own – each right entitles its holder to buy a newly issued share in ADIB for AED 2.16. This represents a 45 percent discount to the market share price as of July 25, 2018.
- Exercise your rights to subscribe for new shares
- Sell your rights or buy more rights on the ADX
- Allow your rights to expire
- Have a valid ADX investor number*
- Have up-to-date contact details*
- Be on the ADX record as a shareholder*
If you have any questions, please contact ADIB’s call centre on 600 543 216 or investor relations at firstname.lastname@example.org. You are recommended to seek your own legal, financial investment and tax advice. ADIB will not be able to give advice on the merits of the rights issue or to provide legal, financial, tax or investment advice.
Shareholders and investors are advised to carefully read the Invitation to the Shareholders dated 26 August 2018 and the Shareholder Circular, which contain further information and set out the full terms and conditions of the rights issue.
*The rights will appear in the cleaning or brokerage accounts of the registered shareholders under a new symbol ADIBRI18.