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Anan Investment Extends Subscription Period for AED350 Million Capital Increase

MT Newswires·06/12/2026 00:02:14
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12:02 AM EDT, 06/12/2026 (MT Newswires) -- Anan Investment Holding (ADX:ANAN) extended the deadline for the subscription offer under its 350 million-Emirati-dirham capital increase to June 23, citing significant demand. The Abu Dhabi-listed investment company's offering comprises an issuance of up to 350 million shares priced at 1 dirham apiece, according to a Thursday release. The subscription period was initially set to close on Friday. Net proceeds from the offering will be used to bolster its capital structure, improve working capital, and support its operations.