Anan Investment Holding Capital Increase Overview

Anan Investment Holding PJSC (“ANAN” or the “Company”) has published today the invitation to the shareholders to subscribe for New Shares, by way of a share capital increase, as approved by the general assembly of the Company (the “General Assembly”) held on 28 April 2026. This initiative is a pivotal capital structure strengthening exercise designed to drive sustainable, long-term growth for ANAN’s shareholders.

Anan launches a capital increase of up to AED 350 million

The Company’s General Assembly approved a share capital increase of up to AED 350,000,000 through the issuance of up to 350,000,000 new shares at par value offered exclusively to the Shareholders in proportion to their current holdings as shown in Abu Dhabi Securities Exchange’s (“ADX”) shareholders’ register as of 22 May 2026 (the “Eligibility Date”) (the “Capital Increase”).
Publication of the invitation to shareholders
15 May 2026
Last day to invest
22 May 2026
Opening of subscription
1 June 2026
Closing of subscriptions
12 June 2026
Date of allocation
22 June 2026
Refund date
23 June 2026
Commencement of Dealings in the New Shares
On or around 30 June 2026
Market
ADX
Website
ANAN
FAQs

About ANAN


Anan is a UAE-based investment and holding company listed on the Abu Dhabi Securities Exchange. Established in 2008, its primary operations focus on the development, investment, and asset management of large-scale master-planned communities. The company is currently undergoing a flagship project, called Arabian Hills and is also assessing other development projects in the UAE, KSA, Morocco and Iraq.

Aligned with Abu Dhabi Vision 2030, Anan operates under the principles of sustainable economics, transparent financial policies, and flexible financing plans that have earned the trust of investors and future homeowners.

Rationale for the capital increase

The Company intends to use the net proceeds from the Capital Increase to strengthen the Company’s capital structure, to restructure its outstanding debts, and to enhance working capital and support operations and future growth.

Transaction details

The proposed Capital Increase will increase ANAN’s issued share capital from AED 2,312,729,034 up to an amount not exceeding AED 2,662,729,034 through the issuance of up to 350,000,000 new shares (the “New Shares”).

The New Shares will be issued at an issue price of AED 1.00 per new share, at par to the nominal value of AED 1.00. This represents a discount of 38.3% to the closing share price of ANAN’s shares on the ADX as of 14 May 2026. The Capital Increase will be conducted through the issuance of New Shares to eligible shareholders who are registered shareholders of the Company as of the Eligibility Date (the “Shareholders”). Subscriptions will open on 1 June 2026 and close on 12 June 2026. Each Shareholder will be entitled to subscribe for up to 0.1513 New Shares for every existing share held.

Emirates NBD Capital LLC has been appointed as the Lead Manager. Emirates NBD Bank PJSC (“ENBD”) has been appointed as the Lead Receiving Bank and First Abu Dhabi Bank PJSC (“FAB”) as Co-Lead Receiving Bank. For any queries, please contact ENBD's call centre at 800 ENBD IPO (800 3623 476) or FAB call centre 026161800.

To learn more about ANAN’s Capital Increase, visit https://anan.ae/anan-capital-increase-2026

  1. Log in to ENBD X and select "Transfer/Pay".
  2. Scroll down to "Payments" select "IPO subscription".
  3. Select IPO name.
  4. Select Category/Tranche.
  5. Enter your Investor Number.
  6. Agree to the “Terms and Condition”.
  7. Select broker name and input the amount.
  8. Review the details on Summary screen.
  9. Authorize the transaction using your smart pass PIN.
  10. You’ll receive IPO payment confirmation along with the reference and application number.

  1. Insert your debit card and enter your PIN number
  2. Select IPO subscription option in the main screen and select IPO name
  3. Enter your Investor Number
  4. Select the account from which the funds need to be debited
  5. Enter the amount to invest / number of shares
  6. Select the broker if any
  7. You’ll get a confirmation with the IPO application and reference numbers

EMIRATES BRANCH Location Working Hours IPO Working Hours Contact
Dubai Jumeirah Branch Emirates NBD Building, Al Wasl Rd Intersection, Umm Suquiem 3, Jumeirah, Dubai Monday to Thursday
(8:00 AM - 3:00 PM)
Friday
(8:00 AM - 11:30 AM)
Saturday
(8:00 AM - 3:00 PM) 		Monday to Thursday
(8:00 AM - 1:00 PM)
Friday
(8:00 AM - 11:00 AM)
Saturday
(8:00 AM - 1:00 PM) 		800 ENBD IPO
(800 3623 476)
Abu Dhabi Khalifa Branch Ground Floor, Al Neem Building, Shaikh Khalifa Street, Abu Dhabi Monday to Thursday
(8:00 AM - 3:00 PM)
Friday
(8:00 AM - 11:30 AM) 		Monday to Thursday
(8:00 AM - 2:00 PM)
Friday
(8:00 AM - 11:00 AM) 		800 ENBD IPO
(800 3623 476)
Al Ain Al Ain Khalifa Street Branch Sheikh Khalifa Bin Zayed St, (in front of Burjeel Hospital), Al Ain Monday to Thursday
(8:00 AM - 3:00 PM)
Friday
(8:00 AM – 11:30 AM)
Saturday
(8:00 AM - 3:00 PM) 		Monday to Thursday
(8:00 AM - 1:00 PM)
Friday
(8:00 AM - 11:00 AM)
Saturday
(8:00 AM - 1:00 PM) 		800 ENBD IPO
(800 3623 476)