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ESHRAQ INVESTMENTS P.J.S.C PRESS RELEASE-Eshraq completes subscription in Salama Mandatory Convertible Sukuk | premargin

ESHRAQ INVESTMENTS P.J.S.C PRESS RELEASE-Eshraq completes subscription in Salama Mandatory Convertible Sukuk

·ADX·General Disclosure | General Press Release·April 24, 2026·View on exchange

AI Summary

Eshraq Investments successfully completed its AED 66.825 million subscription to the Mandatory Convertible Sukuk (MCS) issued by Salama.
Following the conversion of the MCS into shares, Eshraq’s total shareholding in Salama increased to approximately 24.2% of its issued share capital.

The newly issued shares are subject to a 12-month lock-up period, restricting their sale or disposal during this timeframe.

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ESHRAQ INVESTMENTS P.J.S.C PRESS RELEASE-Eshraq completes subscription in Salama Mandatory Convertible Sukuk

Eshraq Properties

Eshraq Properties

Qatar Index10,634.03-0.1%

DFM Index5,862.06-0.1%

TASI11,194.50+0.2%

Emirates NBD29.80-1.8%

Dubai Electricity & Water Authority2.680.0%

EMAAR12.46-0.3%

EMAARDEV15.22-0.4%

ADNOC GAS3.21+0.6%

First Abu Dhabi Bank18.20+0.4%

Emirates Telecom19.02-0.1%

Abu Dhabi Commercial Bank13.92+1.2%

ALRAJHI69.65+0.8%

MAADEN66.45+0.4%

SABIC60.80-0.7%

Boubyan Bank0.68-0.7%

GULF BANK0.34-0.3%

Commercial Bank Of Kuwait0.490.0%

Al-ahli Bank Of Kuwait0.28-0.4%

Industries Qatar12.25-0.5%

Qatar Islamic Bank22.54-0.7%

Ooredoo13.55+0.4%

Qatar Index10,634.03-0.1%

DFM Index5,862.06-0.1%

TASI11,194.50+0.2%

Emirates NBD29.80-1.8%

Dubai Electricity & Water Authority2.680.0%

-0.3%

EMAARDEV15.22-0.4%

ADNOC GAS3.21+0.6%

First Abu Dhabi Bank18.20+0.4%

Emirates Telecom19.02-0.1%

Abu Dhabi Commercial Bank13.92+1.2%

ALRAJHI69.65+0.8%

MAADEN66.45+0.4%

SABIC60.80-0.7%

Boubyan Bank0.68-0.7%

GULF BANK0.34-0.3%

Commercial Bank Of Kuwait0.490.0%

Al-ahli Bank Of Kuwait0.28-0.4%

Industries Qatar12.25-0.5%

Qatar Islamic Bank22.54-0.7%

Ooredoo13.55+0.4%