ABU DHABI, October 24 / WAM / Investcorp Capital PLC, specializing in capital services and capital financing in the alternative investment sector, today announced its intention to sell approximately 643 million ordinary shares at a nominal value of US$0.50 (equivalent to AED 1.84). ) per share, representing approximately 29.34% of the company’s total capital, and lists its shares on the Abu Dhabi Securities Exchange.

The company said in a statement today that the offering shares include 321.5 million new shares and 321.5 million selling shares to be sold by the company’s sole shareholder, Investcorp SA, the “Selling Partner”.

The Company and the Selling Partner reserve the right to revise the Offer Amount and the amount of any installment at any time before the end of the Subscription Period, subject to the laws in force in the UAE and after obtaining the Securities’ approval. and Commodity Commission.

It is noted that “Investcorp Capital PLC” is a public company limited by shares incorporated on the Abu Dhabi Global Market and subject to the rules of the Abu Dhabi Global Market and its amendments. The capital financial services business sector was offered to continue to develop and increase investments. Expected to invest $100 million in capital allocation. Funding the company’s strategic growth opportunities in the future and funding the company’s general objectives.

Subscription for the first tranche of shares included in the offer is expected to open on November 2, 2023 and close on the 8th of the same month, while subscription for the second tranche is expected to open on November 2, 2023 and close on the 9th. In the same month, the minimum subscription for shares was fixed. The first value was 250 thousand UAE dirhams. The shares of the second tranche are 5 million dirhams.

Executive Chairman of Investcorp International Holding, specializing in asset management and capital finance services, said, “We are pleased to announce the company’s intention to offer Investcorp Capital shares on the Abu Dhabi Securities Market, one of the largest trading markets in the Arabian Gulf region.” Investcorp Capital represents an investment platform that allows potential investors access to a wide range of asset classes in the alternative investments sector.

The structure is the first of its kind in the region and provides investors with access to the firm’s resources and investment expertise, as well as a team of global private investments that deliver consistent, high-quality returns.
For his part, Timothy Matter, CEO of Investcorp Capital, said: “Investcorp Group has maintained its leading position in alternative asset management for more than 40 years, as it leads the most important investment deals characterized by innovation and innovation. Success in the private corporate investments and credit sector.” Global, real estate, strategic capital, insurance asset management, infrastructure and absolute return investments.”

The issue is planned to include a quota of 5% of the shares, which will be subscribed on a pro rata basis and hence will be offered to professional investors in accordance with the Securities and Commodities Commission’s definition of professional investors. “First tranche”), and 95% for professional investors as specified in the Chairman’s decision. Authority no. 13 of the Board of Directors of 2021, as amended from time to time, together with the “Second Term” and the First Term , referred to as Sec.

The indicative price range for the Share will be determined in due course, announced at the time of opening of subscription and included in the International Offer Prospectus, and the final offer price will be determined by following the price construction mechanism for the Share. Subscription orders are created in installments only by subscribers through subscription requests.