

The weekly trading summary for DFM Regulated Short Sell Transactions from 6th May 2024 to 10th May 2024 reports no RSS trades for that period. Further information on RSS can be found in the DFM Market Rules Module Three Membership, Trading, and Derivatives Rules & Operational Model and Procedures for Implementation of Regulated Short Selling on the DFM website. The announcement is also available on the DFM website. The information provided is subject to change, and DFM is not liable for any loss resulting from the use of this data and content.
Spinneys, a premium grocery retail supermarket operator, has successfully debuted on the Dubai Financial Market (DFM) following an oversubscribed IPO. The IPO was oversubscribed 64 times in aggregate, the highest level for a non-government-related IPO on the DFM in recent years. The Spinneys IPO raised AED 1.38 billion (USD 375 million), implying a market capitalization of AED 5.51 billion (USD 1.50 billion) at listing. Spinneys plans to continue its growth in 2024 with new stores in Saudi Arabia and the UAE, and the launch of new formats including a dining concept and a hyperlocal ecommerce offering.