Alpha Data PJSC announces its intention to float on ADX
Alpha Data is one of the leading digital transformation providers and system integrators in the United Arab Emirates, having operated in the region since it was established in 1981. The Group also has a recently established presence in both KSA and Qatar, with plans to further develop the Group’s operations in the two countries.
Alpha Data is focused on creating shareholder value through consistent growth and dividend payments. It stands out as one of the few companies in the UAE market that offers investors an opportunity to invest in the rapidly expanding digital economy.
Emirates Islamic Bank (P.J.S.C.) acting as Receiving Bank presents you with the opportunity to subscribe to the Alpha Data’s IPO.
Subscriptions will open on 20 February 2025.
Key Facts about Alpha Data
Important Dates to Remember
Key Dates | IPO Milestone |
---|---|
20 February 2025 | Price Range Announcement and Subscription Opens |
25 February 2025 | Retail Subscriptions Close |
26 February 2025 | Announcement of Final Offer Price |
26 February 2025 | Release of Allocations |
11 March 2025 | Expected Listing on ADX |
To learn more about the IPO, visit Alpha Data's dedicated IPO microsite: www.alpha.ae/ipo
Existing Emirates Islamic customers:
1. Participating Branches: Visit any of the below branches to subscribe.
Region | Participating Branches | Documentation Requirements |
---|---|---|
Dubai |
Healthcare City Branch |
For Individuals: The original and a copy of a valid passport or Emirates identity card; and In case the signatory is different from the Subscriber: • The duly notarised power of attorney held by that signatory or a certified copy by UAE-regulated persons/bodies, such as a notary public, or as otherwise duly regulated in the country; In case the signatory is a guardian of a minor, the following will be submitted: • Original and copy of the guardian’s passport/Emirates ID for verification of signature; For Corporates: UAE-registered corporate bodies: • The original and a copy of a trade license or commercial registration for verification or a certified copy by one of the following UAE-regulated persons/bodies; a notary public or as otherwise duly regulated in the country; |
Abu Dhabi |
Main Branch Abu Dhabi
Al Ain Branch |
|
Sharjah & Northern Emirates |
Halwan Branch Ajman Kalifa Bin Zayed Ras Al Khaimah Branch Fujairah Branch |
*Customers should have a Valid NIN with ADX for participation.
For more information on the ADX National Investor Number (NIN) and how to apply for one, please visit the ADX website at www.adx.ae/ or access the ADX FAQs at https://www.adx.ae/resources/faq/overview.
Click here to view our Branch locations.
2. Bank ATMs
Steps to apply:
3. Mobile Applications
Steps to apply via EI + Mobile Banking App:
For Non Emirates Islamic customers (Via Participating Branches only):
To find out more about the subscription criteria and process, please visit: www.alpha.ae/ipo.
Indicatively Emirates Islamic is offering its existing customers a 1:5 financing for this issue. Pre-approval is required, terms & conditions apply. Please contact your Relationship Manager to discuss financing options.
For further questions related to this offering please visit www.alpha.ae/ipo for further details.
Final allocation of shares is at the discretion of the issuer.
To apply for Financing, please click here.
Disclaimer: This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.