Dated: 30 November 2022
Emirates NBD Asset Management Limited, the Fund Manager of ENBD REIT (CEIC) PLC (“ENBD REIT”), the Shari’a compliant real estate investment trust admitted to the Official List of Securities maintained by the Dubai Financial Services Authority (the “DFSA”) and admitted to trading on the Nasdaq Dubai exchange, 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 decreased its level of interest from 8.22% to 7.95%.
Pursuant to Article 42 of the DIFC Markets Law and Section 6.6 of the DFSA Markets Rules, we hereby make the following Connected Person disclosure on behalf of Saray Core Value SP (formerly Saray MENA Value SP), a segregated portfolio of the Saray Value Fund SPC.
Please refer to the relevant details as mandated by the DFSA's Markets Rules below.
a. The name and address of the Connected Person: Saray Core Value SP (formerly Saray MENA Value SP), a segregated portfolio of the Saray Value Fund SPC, One Nexus Way, Camana Bay, Grand Cayman, KY1-9005, Cayman Islands.
b. The name and address of the Responsible Entity: Saray Capital (DIFC) Limited, Units 915-916 Liberty House, DIFC, PO Box 507197, 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. Date on which the event giving rise to the obligation to file a report occurred:
e. Date on which the filing was made: 29 November 2022
f. Price, amount, and class of Securities in relation to the transaction or other event and the previous and new level of interest held: Sale of 676,942 ordinary shares at a price of USD 0.38 per share. Number of ordinary shares held immediately before the transaction: 20,560,642 shares representing 8.22% interest. Number of ordinary shares held immediately after the transaction: 19,883,700 shares, representing 7.95% interest.
For more information, please refer to the website of ENBD REIT or contact the Company Secretary:
Jean Kenny Labutte Apex Fund Services (Dubai) Ltd. enbdreit@apexfunddubai.ae +971 (0) 55 662 8078
