DPR_IR_website_rights_issue_banner_april_19

Rights Issue of new shares in Dubai Parks and Resorts PJSC

Invitation to the Shareholders to Subscribe for new shares

Dubai Parks and Resorts PJSC hereby invites its Shareholders to subscribe for new shares, by way of a rights issue, as approved by the General Assembly of the Company and the Securities and Commodities Authority.

Purpose and funding of the rights issue

The net proceeds from the Rights Issue are expected to be approximately AED 1,678,084,962. The Company intends to use the net proceeds in order to primarily finance the establishment and development of a new theme park under the name “Six Flags Dubai” and to strengthen the capital base of DPR.

Important dates

Date of publication of the invitation to subscribe for New Shares by way of Rights Issue: Wednesday 20 April 2016
Eligibility date of Rights (record date): Close of trading on the DFM on Monday 2 May 2016 for the registered shareholders of the Company on this date.
First day of trading in Rights on the DFM: Wednesday 4 May 2016
Last day of trading in Rights on the DFM: Wednesday 18 May 2016
Subscription Opening Date: Thursday 12 May 2016
Subscription Closing Date: Wednesday 25 May 2016
Date of allocation and refunding: On/before Monday 30 May 2016

How to subscribe to the Rights Issue

For information on the steps and documents required to subscribe to the Rights Issue please refer to this presentation.
 

For more information please refer to the