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Back to disclosures
Press release
Union Properties
·
AE
DFM
·
Disclosure
·
April 7, 2026
·
View on exchange
AI Summary
Shareholders approved a cash dividend of AED 3 fils per share, marking the company’s first dividend payout in 11 years.
The Annual General Meeting (AGM) successfully convened on its first quorum for the first time in six years, with 68% shareholder participation.
A new seven-member Board of Directors was elected for a three-year term to oversee the company's next growth phase.
Management reported total revenue of AED 736.9 million (a 39.4% increase from 2024) and a rise in cash reserves to AED 494.2 million.
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PRL Union Properties