Burjeel Holdings celebrates first anniversary of listing on the ADX

Burjeel Holdings celebrates first anniversary of listing on the ADX

Has delivered total shareholder return of 46% since listing

Abu Dhabi, United Arab Emirates: Burjeel Holdings PLC (“Burjeel Holdings“, “Burjeel” or “the Group”), a leading Integrated Healthcare Network in the UAE and MENA listed on the Abu Dhabi Securities Exchange (“ADX”) (SYMBOL: BURJEEL; ISIN: AEE01119B224), today celebrates its one-year anniversary since its successful IPO and listing on ADX. The IPO raised gross proceeds of AED 1.1 billion with an oversubscription level of 29 times in aggregate.

Burjeel’s network served 5.6 million patients in 2022 and 2.9 million patients in the first six months of 2023, reflecting the trust patients have in its healthcare system and its ability to add new services to increase patient footfall. Furthermore, with a substantial in-patient private market share of 19% in the UAE, Burjeel Holdings has solidified its position as a formidable presence in the Emirates' healthcare system, particularly in areas of highly complex healthcare.

Delivered strong total shareholder return

Since its IPO in October 2022, Burjeel has delivered total shareholder return (TSR) of 46%[1], enabled by the Group's consistent and continued implementation of its growth strategy. In the first half of 2023, Burjeel increased revenue by 13.9% year-on-year to AED 2.2 billion and EBITDA by 12.7% year-on-year to