Dubai, United Arab Emirates, 16 January 2025: ENBD REIT (CEIC) PLC (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, announces that it has received a report from a “Connected Person” as defined in the DFSA’s Markets Rules. The relevant notification pertains to a Connected Person having increased its level of interest from 12.17% to 13.99%.
Please refer to the relevant details as mandated by the DFSA’s Markets Rules below:
a. The name and address of the Connected Person: National Bonds Corporation, Al Hudaiba Awards Building, Block C, 6th Floor, Intersection of Jumeirah & 2nd December Street, Dubai, United Arab Emirates
b. The name and address of the Reporting Entity and its registered address: ENBD Asset Management, Level 8, East Wing, Gate Building, DIFC, PO Box 506578, Dubai, UAE
c. The name and registered address of the Listed Fund: ENBD REIT (CEIC) PLC, Level 8, East Wing, Gate Building, DIFC, PO Box 506578, Dubai, UAE
d. The date on which the event giving rise to the obligation to file a report occurred: 9 January 2025
e. The date on which the filing was made: 15 January 2025
f. The price, amount and class of Securities or other Investments as is relevant in relation to the transaction or other event and the previous and new level of interest held:
Ownership at the time of last disclosure (June 2022): 12.17%
Ownership at the time of present disclosure: 13.99%
Trigger event details: 2,189,658 ordinary shares acquired on 09 January 2025 at USD 0.355 per share. Number of ordinary shares held immediately before the transaction: 32,784,774 shares representing 13.11% interest. Number of ordinary shares held immediately after the transaction: 34,974,432 shares, representing 13.99% interest
Purchases since last disclosure: 4,555,951 ordinary share acquired at an average price of USD 0.357 per share.
For more information, please refer to the website of ENBD REIT or contact the Company Secretary.
