Americana Restaurants International Plc, announcement of commencement of trading for concurrent dual listing on ADX and the Saudi Exchange

Americana Restaurants International Plc, announcement of commencement of trading for concurrent dual listing on ADX and the Saudi Exchange

- Raising gross proceeds of $1.80 billion, the Offering saw strong demand from institutional and retail investors, with aggregate oversubscription of 58x

- The concurrent bookbuilding process generated orders of $105 billion (equivalent to AED 386 billion or SAR 394 billion)

- Based on the Final Offer Price of AED 2.62 per share in the UAE and SAR 2.68 per share in Saudi Arabia, the Company’s market capitalization at listing is $6.01 billion, equivalent to AED 22.07 billion or SAR 22.58 billion

Abu Dhabi and Riyadh: Americana Restaurants International Plc (“Americana Restaurants” or the “Company”), the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa (“MENA”) and Kazakhstan, announces the successful conclusion of the historic, first-ever concurrent dual listing on the Abu Dhabi Securities Exchange (“ADX”) and the Saudi Stock Exchange (the “Saudi Exchange”). Americana Restaurants is traded under the ticker symbol 'AMR' on ADX and 'Americana' on the Saudi Exchange.

In its historic Initial Public Offering (“IPO” or the “Offering”), Americana Restaurants raised $1.80 billion in gross proceeds, equivalent to AED 6.62 billion or SAR 6.77 billion, offering 30% of the Company’s total issued share capital. Priced at the top of the Offer Price Range (AED 2.62