Emaar Properties : زيادة رأس المال وإصدار أسهم جديدة لمساهمي إعمار مولز بعد نهاية جلسة التداول اليوم
November 21, 2021 at 12:44 am EST
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21 November 2021
Mr. Hamed Ahmed Ali
Chief Executive Officer
Dubai Financial Market
Dubai - United Arab Emirates
Submitted Through Efsah System
Subject: Increase of Capital and Issue of New Shares for Emaar Malls PJSC Shareholders
Dear Sir,
The Company would like to announce that the Securities & Commodities Authority approved the increase of capital of the Company, and the amendments to the Articles of Association of the Company to reflect the aforesaid increase of capital, and for Emaar Properties PJSC to issue new shares to the shareholders of Emaar Malls PJSC as a result of the merger, and to allocate (0.51) new share in Emaar Properties PJSC' shares for every one (1) share in Emaar Malls PJSC (except the shares registered in the name of Emaar Properties PJSC). This will be activated after the end of the trading session today, Sunday 21st November 2021.
Yours sincerely,
_________________
Ahmad Thani Rashed Al Matrooshi Executive Board Member
Emaar Properties PJSC published this content on 21 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2021 05:43:03 UTC.
Emaar Properties PJSC is a United Arab Emirates-based company engaged in property investment and development, property management services, hospitality, utility services, shopping malls and retail, as well as investing in financial service providers. The Company is organized, along with its subsidiaries, into three business segments: the Real estate segment is engaged in the development and sale of condominiums, villas, commercial units and plots of land; the Leasing and related activities segment develops, leases and manages malls, retail, commercial and residential spaces, and the Hospitality segment develops, owns and/or manages hotels, serviced apartments and leisure activities. The Companyâs subsidiaries include Emaar Malls Group LLC, Emaar Hospitality Group LLC, Emaar Properties Gayrimenkul Gelistirme Anonim Sirketi and Emaar Misr for Development SAE, among others.
EMAAR PROPERTIES 
