Americana Restaurants raises UAE retail tranche offer shares to 10%

17/11/2022 Argaam
Logo of Americana Restaurants International Plc

Logo of Americana Restaurants International Plc

Americana Restaurants International Plc issued today, Nov. 17 a supplementary prospectus, increasing the number of offer shares that can be allocated to the UAE retail tranche to 10% from 5% of the offer shares.

 

The number of shares allocated to the institutional tranche was reduced from 85% to 80% of the total offer shares.

 

Total Offer Shares by Tranche

Institutional Tranche

2021.67 million shares, or 80% of the total offer shares (including participating entities in Saudi Arabia and the UAE)

Retail Tranche in Saudi Arabia

252.71 million shares, or 10% of the total offer shares

Retail Tranche in UAE

252.71 million shares, or 10% of the total offer shares

 

The offering period for the retail and institutional tranches will end on Nov. 21 and 22, respectively.

 

For More IPOs

Supplementary Prospectus

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.