Announcement of publication of the Supplementary Prospectus in relation to the initial public offering and listing of Americana Restaurants International PLC’s ordinary shares on the Main Market of the Saudi Exchange (Tadawul) and Abu Dhabi Securities Exchange (ADX) and the increases of the number of shares offered to the UAE Retail Tranche
| Element List | Explanation |
|---|---|
| Announcement Detail | SNB Capital in its capacity as the Lead Manager, Financial Advisor, Global Coordinator, Bookrunner, and Underwriter, Goldman Sachs Saudi Arabia, Morgan Stanley Saudi Arabia, and FAB Capital JSC in their capacity as Financial Advisors, Bookrunners, Global Coordinators, and Underwriters on the potential Initial Public Offering of Americana Restaurants International PLC (“Americana Restaurants” or the “Company”) announces that the number of offered shares to the UAE Retail Tranche only has been increased from 5% to 10% of the offering to be in line with the KSA Retail Tranche.
The Selling Shareholder (Adeptio AD Investments Ltd.) expects to sell 2,527,089,930 existing ordinary shares (the “Offer Shares”) in the Offering, representing 30% of the Company’s issued share capital. As such, the UAE Retail Offer will be for 252,708,993 ordinary shares, the KSA Retail Offer will be for 252,708,993 ordinary shares, and the Institutional Offer will be for 2,021,671,944 ordinary shares.
On 17 November 2022G, the Company obtained the Capital Market Authority’s approval to update the Red Herring KSA Supplementary Prospectus through the issuance of a Supplementary Prospectus.
The Saudi Exchange approved the Company’s application for the listing of the Offer Shares on the Main Market of the Saudi Exchange (Tadawul) and Abu Dhabi Securities Exchange (ADX) on 25 October 2022G, and the Capital Market Authority (“CMA”) approved the Company’s application for the initial public offering of 2,527,089,930 existing ordinary shares (which represents 30% of the Company’s share capital) on 31 October 2022G. The final offer price at which all subscribers in the offering will purchase the Shares will be determined after the book-building period.
To download the Supplementary Prospectus: (https://cma.org.sa/en/Market/Prospectuses/Documents/Americana-en.pdf)
For more information, please visit the Capital Market Authority website (www.cma.org.sa) and Saudi Tadawul Group website (https://tadawulgroup.sa) |
| Attached Documents |  |
Comments