Empowering Growth, Strengthening Value
United Arab Bank PJSC (“UAB” or “The Bank”) is pleased to announce the launch of its capital raise by way of Rights Issue of up to AED 1,031,275,325 (one billion thirty-one million two hundred seventy-five thousand three hundred twenty-five dirhams), a strategic initiative to raise its issued share capital up to AED 3,093,825,974 (three billion ninety-three million eight hundred twenty five thousand nine hundred seventy-four dirhams), offering our valued shareholders a unique opportunity to invest in the next phase of the Bank’s growth journey.
By participating in this Rights Issue, you would be assisting in enhancing the Bank’s capital base, and the Bank’s efforts to accelerate growth, and to unlock long-term value for all stakeholders.
Together, we grow stronger.
# Share price change from 30 June 2022 to 28 May 2025
^ Q1 2025 net profit (before tax) annualised for computing CAGR
* In order to receive Rights on the Eligibility Date, investors must ensure that they execute any purchase orders for shares at least two business days prior to the Eligibility Date, i.e. on or before 20 June 2025, to allow for the settlement of trades on the ADX (which operates on a T+2 basis).
Important Note: The dates for the Rights Issue set out in the “Invitation to Subscribe” are expected dates and are subject to change, including if any date falls on an official holiday in the UAE. In such circumstances, details of the new dates will be notified to investors in two UAE daily Arabic language newspapers and on Bank's website (www.uab.ae).
For more information, email ir@uab.ae
Disclaimer: This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the "Invitation to Subscribe", and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the “Invitation to Subscribe".
