Americana Restaurants International PLC

Americana Restaurants International PLC announced the completion of its share buyback program, acquiring 25 million shares under its Long-Term Incentive Plan (LTIP) on the Abu Dhabi Securities Exchange (ADX) at a weighted average price of AED 2.460 per share. The buyback received approval from the company's AGM on April 24, 2024, and from ADX on May 9, 2024.

Americana Restaurants International PLC announced its financial results for the first nine months of 2024, reporting revenues of $1.61 billion and an adjusted EBITDA of $350.6 million, resulting in a 21.8% EBITDA margin. The net profit attributable to shareholders was $117.4 million. The company expanded its operations by opening 113 new stores, bringing the total to 2,504 restaurants as of September 30, 2024. Compared to the same period in 2023, revenues declined by 15.2%, and net profit decreased by 48.2%, impacted by lower like-for-like sales, incremental depreciation from new store openings, and the implementation of corporate tax in the UAE. Despite these challenges, the company saw a recovery in average daily transactions and sales per store in Q3 2024.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, has announced that its Board of Directors has approved the company's consolidated financial statements for the three-month period ending September 30, 2024. This decision was made following a recommendation from the company's Audit Committee during a meeting on October 29, 2024. The approval was finalized by circulation on October 30, 2024. The notification was addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange and a copy was sent to the Securities and Commodities Authority. The announcement was signed by Saqib Muhammad Sabir Awan, Secretary of the Board.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, informed the Abu Dhabi Securities Exchange that its Audit Committee met on October 29, 2024. During the meeting, the committee endorsed the company's consolidated financial statements for the period ending September 30, 2024. These statements are to be approved by the Board of Directors through circulation. The notification was signed by Saqib Muhammad Sabir Awan, the Secretary of the Board, with a copy sent to the Securities and Commodities Authority.

Americana Restaurants International PLC, based in Abu Dhabi, UAE, has issued a notification regarding a resolution to be passed by the Board of Directors. Following a recommendation by the Audit Committee, the Board may approve the company's consolidated financial statements for the period ending September 30, 2024, through circulation. The decision will be disclosed in due course. The notification is addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange and a copy has been sent to the Securities and Commodities Authority.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, held a Board of Directors meeting on 16 September 2024 at 12:30 pm. The agenda included discussing the company's performance and considering other business matters. The notification was addressed to the Chief Executive Officer of the Abu Dhabi Securities Exchange. The letter was signed by Saqib Muhammad Sabir Awan, Secretary of the Board, with a copy sent to the Securities and Commodities Authority.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, has announced a Board of Directors meeting scheduled for 12:30 pm on Monday, September 16, 2024. The agenda includes a performance update for the year-to-date period ending August 2024 and other business updates. In accordance with disclosure and transparency regulations, the decisions made during the meeting will be disclosed immediately afterward. The notification was signed by Saqib Muhammad Sabir Awan, Secretary of the Board, with a copy sent to the Securities and Commodities Authority.

Americana Restaurants International PLC, located at Al Sarab Tower in Abu Dhabi, UAE, announced the completion of a share buyback transaction. The buyback was approved by the Abu Dhabi Securities Exchange (ADX) on May 9, 2024, and by the company's AGM on April 24, 2024. The transaction, conducted through International Securities LLC, involved the repurchase of 2,000,000 shares at an average price of AED 2.726 per share on August 15, 2024. To date, the company has bought back a total of 6,380,733 shares, with 18,619,267 shares remaining to be purchased. The announcement was signed by Saqib Muhammad Sabir Awan, the Authorized Signatory and Secretary of the Board.

Americana Restaurants International PLC, located at Al Sarab Tower in Abu Dhabi, UAE, announced a post-share buyback disclosure. The company, listed on the Abu Dhabi Securities Exchange (ADX) with the trading code AMR, received ADX approval for the share buyback on May 9, 2024, and AGM approval on April 24, 2024. The broker handling the transaction is International Securities LLC. On August 14, 2024, Americana repurchased 2,000,000 shares at an average price of AED 2.682 per share. To date, the company has bought back 4,380,733 shares and plans to purchase an additional 20,619,267 shares. The disclosure was signed by Saqib Muhammad Sabir Awan, the authorized signatory and secretary of the board.