Burjeel Holdings PLC announcement of offer price range and opening of subscription period for IPO in the UAE only

Burjeel Holdings PLC announcement of offer price range and opening of subscription period for IPO in the UAE only

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The price range has been set between AED 2.00 to AED 2.45 per Share, implying an equity value of $2.7 billion to $3.3 billion

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The subscription period for the offering starts today and runs until Tuesday 4 October 2022 for both Retail and Professional Investors

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The final offer price will be determined through a book building process and is expected to be announced on 5 October 2022

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Listing of Shares and trading on ADX (“Listing”) is anticipated on Monday 10 October 2022

Abu Dhabi: Burjeel Holdings PLC (“Burjeel” or the “Company” and, together with its subsidiaries, the “Group”), is a leading MENA private healthcare services provider known for its quality and clinical excellence, operating an integrated network of hospitals and medical centers across the UAE and Oman. Today, Burjeel Holdings PLC announces the offer price range and the opening of the subscription period for its Initial Public Offering (“IPO” or the “Offering”) on the Abu Dhabi Securities Exchange (“ADX”).

DETAILS OF THE OFFERING PRICE RANGE

The opening of the subscription period for the Offering commences today, 30 September 2022, and will continue until Tuesday 4 October 2022 for the First Tranche (offering to individual subscribers and other investors in the UAE, (the “UAE Retail Offering”) and