SHUAA Capital PSC

This document is a shareholder circular from SHUAA Capital PSC, a public joint stock company in Dubai, UAE, dated January 10, 2025. It addresses the recommended issuance of mandatory convertible bonds to new private investors and existing holders of USD 150 million bonds issued by SHUAA Capital Bond 1 Limited, in compliance with relevant UAE laws. The implementation of this transaction is conditional upon approval by a requisite majority at the SHUAA General Meeting. The document advises shareholders who have sold or transferred their shares to forward the document to the new owner. It also notes that approval by the Securities and Commodities Authority (SCA) only confirms the document meets minimum information requirements and does not imply endorsement of the bond issuance. The board of directors is responsible for the accuracy of the information, and shareholders are encouraged to read the entire document and accompanying materials. The document also highlights the need to comply with distribution laws in jurisdictions outside the UAE.

Shuaa Capital P.S.C., a licensed financial investment company regulated by the Securities and Commodities Authority, is inviting its shareholders to attend the company's general assembly meeting. The meeting is scheduled for 3 PM on Monday, February 3, 2025, at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders can also participate electronically. The agenda includes a special resolution to approve the issuance of convertible bonds totaling AED 150,000,000. These bonds are to be issued to professional investors and counterparties as per relevant regulations.

Press contacts for SHUAA Capital psc include Adnan Nur, the Finance Director. He can be reached at +971 4 610 8206 or via email at sr@shuaa.com. More information can be found on their website, www.shuaa.com.

Shuaa Capital PSC, based in Dubai, UAE, has announced the resignation of board member Mr. Ahmed Abdel Hamid Saeed Al Ahmadi, effective December 30, 2024. His resignation follows the completion of his significant role in improving the company's capital structure during this critical phase. The notice was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, the Chief Compliance Officer.

Shuaa Capital PSC, an investment company regulated by the Securities and Commodities Authority, held a Board of Directors meeting on December 27, 2024. During the meeting, the board approved the issuance of two tranches of convertible bonds. The first tranche involves issuing bonds up to a maximum value of 150 million AED, convertible into company shares at a rate of 0.32 AED per share, subject to regulatory and shareholder approvals. The second tranche involves issuing bonds up to a maximum value of 275.5 million AED, also convertible into company shares, pending necessary approvals.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has scheduled a Board of Directors meeting on Friday, December 27, 2024, at 11:00 AM. The agenda includes discussing the final terms for two convertible bond issues, subject to necessary regulatory approvals; considering convening a general assembly meeting of the company's shareholders to approve the convertible bond issuance, also subject to regulatory approvals; and discussing other company-related matters. The notice is addressed to Mr. Hamid Ahmed Ali, CEO of Dubai Financial Market.

Shuaa Capital PSC, an investment company licensed and regulated by the Securities and Commodities Authority, has announced that its Board of Directors approved an agreement with the company's main creditor. This agreement involves restructuring a loan of 208 million dirhams, including a temporary 12-month exemption from principal repayments, followed by adjustments and extensions to the existing loan and its associated principal repayments. More details can be found in the press release on the Dubai Financial Market's website.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, is headquartered in Dubai, United Arab Emirates. The company plans to hold a board meeting on December 20, 2024, to make decisions by circulation regarding two main items: approval of a waiver agreement with the main creditor and discussion of other matters related to the company's operations. The communication is addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market.