Dubai-Based Dubiz Holdings has declared its purpose to continue the first public contribution (DFM) in 100m investment as part of a contribution.
The list will see about 30,34 percent of the Capital Total Cape Total issued to investors through the new stock combination.
Positions of submit Dubizzle Group for accelerating growth, a deeper regional expansion, and liquidity development under devief devices.
DUBIZZZLE IPO
The registration period will be opened on October 23 and near October 29 to both UAE investors and professional investors.
Prices and expenditorships of expert investors are expected by October30, by agreeing to trade in November 6.
UnderBiters will determine the final amount of the offer process.
By using its Debizzle and Bayut platforms, Dubizzle Group links human resources and consumers across the asset, cars, and common assets.
The company holds the position of the outstanding market at UAE Real-Estate Classifieds and is a clear leader in car locks, showing its deeper integration from the business of the UAE.
‘The Happy Chapter’
Imbizzle Group, said: “Dubizzle Group is the leading digitist of the Mena, with 18m months in all the property, vehicles, common assets and other categories.
“Our platforms focus on the daily life of UAE, Saudi Arabia, and a wide mena … The official Mark is a new chapter of Dubizzle Group.”
Khan said the list would increase the foundation of the stock and “create a long-term number of users, clients, staff and shareholders alike.”
Investment
Prosus, listed in the Euronext Amsterdam List of Capital around $ 170bn, the owner of the company’s large stocks on Olx BV Proses worked for $ 100M in the IPO, emphasizing its long-term support.
Fahd requests, the head of the Prosis, said: “From 2011, we see the Dubizzle group develops into an active regional platform and the visionat work and performing its leadership.”
The lower prices provide 1,249,526,391 shares, including new 196,114,887 shares of the Company and 1,05,411111111111104 retail shares from existing shareholders.
- UAE Sale contribution: 3 percent (37,485,791
- Qualified Investors who have donated: 97 percent (1,212 shares,600)
Both cases will work once and October 23-29. The elimination is always under market conditions and control of control, including the UAE’s security and the Commodi).
The locking times will apply: 180 days of company, 365 days of selling shareholders, 365 days of non-shareholders who do not sell under different verbs.
The IPO information
Tax use and financial support
The company will spend money raised to address the employee’s coward system, pursue the Mestic M & A strategies, and maintain the coming growth.
