Americana Restaurants raises UAE retail tranche offer shares to 10%

17/11/2022 Argaam

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.

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