Americana Restaurants International PLC announcement of offer price range

Americana Restaurants International PLC announcement of offer price range

- The price range for Americana Restaurants International Plc's IPO on ADX and the Saudi Exchange has been set between AED 2.50/SAR 2.55 to AED 2.62/SAR 2.68 per Share (the “Offer Price Range”), implying an equity value of $5.73 billion to $6.01 billion (equivalent to AED 21.06 billion to AED 22.07 billion or SAR 21.48 billion to SAR 22.58 billion).

- The Offering subscription period is expected to run from 14 November 2022 until 21 November 2022 for Retail Investors and from 14 November 2022 until 22 November 2022 for Institutional Investors.

- The Final Offer Price will be determined through a bookbuilding process and is expected to be announced on 23 November 2022.

- Admission of Shares to trading on ADX and the Saudi Exchange is expected to be on 6 December 2022, subject to receiving all required regulatory approvals.

Abu Dhabi and Riyadh: Americana Restaurants International Plc (“Americana Restaurants”, the "Company" or the “Group”), the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa and Kazakhstan, announces the Offer Price Range and opening of bookbuilding and the subscription period for its Initial Public Offering (“IPO” or the “Offering”). The Offering will be conducted through a concurrent