Multiply Group PJSC

Ticker/ISIN

MULTIPLY

AEM001001019

Market/Country

Abu Dhabi Stock Exchange

United Arab Emirates

About Multiply Group PJSC

With its trademark growth mindset, Multiply Group PJSC is an Abu Dhabi-based holding company that invests in transformative cash-generating businesses it understands.

Multiply Group will continue to deploy capital across its two distinct arms, both of which follow a disciplined approach to investing and ensure consistent, sustainable value creation for our shareholders in the short-medium and long-term:

Multiply, the investments and operations in long-term strategic verticals, currently Mobility, Energy and Utilities, Media and Communications and Beauty and Wellness. Anchor investments provide long term recurring income, through which bolt-on acquisitions are made.

Multiply+, a flexible, sector-agnostic and opportunistic investment arm.

Latest Pressrelease Summaries from Multiply Group PJSC

The text is a formal communication from Multiply Group PJSC to the Market Operations Surveillance Department of the Abu Dhabi Securities Exchange. It provides a list of candidates for the Board of Directors following a nomination announcement on October 25, 2024. The candidates will be presented to shareholders at an Extraordinary General Assembly Meeting on November 18, 2024. The candidates are Mr. Syed Basar Shueb Syed Shueb, H.E. Hamad Khalfan Ali Matar Alshamsi, H.E. Mansoor Ibrahim Ahmed Saeed AlMansoori, Mr. Richard Matthew Gerson, and Ms. Samia Bouazza. The letter is also copied to the Securities and Commodities Authority (SCA) in Abu Dhabi, UAE.

Disclosures: List of Candidates for the Board of Directors of Multiply Group PJSC

a month ago

Multiply Group P.J.S.C has released its financial results for the third quarter of 2024. The company is listed on the Abu Dhabi Securities Exchange under the ticker symbol MULTIPLY. Further details can be found on their website at www.multiply.ae. The announcement was made on October 29, 2024.

Disclosures: Multiply Group PJSC Press Release on the Financial Results for the Period Ended September 30,2024

2 months ago

On 29 October 2024, a meeting of the Board of Directors of Multiply Group PJSC was held at 5:00 PM, attended by the majority of board members. During the meeting, the audited financial statements for the third quarter of 2024 were approved, and other business matters were discussed. The information was communicated to the Securities and Commodities Authority in Abu Dhabi, UAE.

Disclosures: Multiply Group PJSC Board Meeting Results held on 29/10/2024 at 17:00

2 months ago

Multiply Group PJSC has announced the opening of nominations for its Board of Directors. Shareholders can submit their applications from October 26, 2024, to November 4, 2024. Candidates must send their applications electronically to ir@multiply.ae, including a personal profile, necessary documents, and indicate whether they are applying as an Executive Member, Non-Executive Member, or Independent Member. There are five vacant seats on the board. The nomination period lasts for 10 days, in line with regulatory requirements.

Disclosures: Multiply Group PJSC Elections (Board Members)

2 months ago

Multiply Group PJSC has announced the opening of nominations for membership on its Board of Directors. The nomination period will run from October 26, 2024, to November 4, 2024. Candidates or shareholders who meet the nomination criteria can apply by submitting an electronic application via email, including a personal profile and necessary documents. Applicants must specify the type of membership they are interested in: Executive Member, Non-Executive Member, or Independent Member. There are five vacant seats available, and the nomination period will last for ten days from the announcement date, in line with regulatory requirements.

Disclosures: Multiply Group PJSC Elections (Board Members)

2 months ago

Multiply Group PJSC has announced the opening of nominations for its Board of Directors. The nomination period runs from October 26, 2024, to November 4, 2024. Interested candidates or shareholders who meet the nomination criteria can apply by submitting an electronic application via email to ir@multiply.ae. The application must include the applicant's profile, necessary documents, and the type of membership they are applying for (Executive, Non-Executive, or Independent Member). There are five vacant seats on the Board, and nominations will remain open for ten days following the announcement, in line with regulatory requirements.

Disclosures: Multiply Group PJSC Elections (Board Members)

2 months ago

The Board of Directors of Multiply Group PJSC invites its shareholders to attend the General Assembly Meeting, which will be held on Monday, November 18, 2024, at 3:30 pm. The meeting can be attended virtually via instant video communication and electronic voting, or physically at the company's headquarters in Abu Dhabi, UAE. Shareholders will receive a link for virtual attendance through SMS or email upon registering their attendance. During the meeting, shareholders can submit inquiries, discuss agenda items, and vote on proposed resolutions, including the election of the Board of Directors. As per the Securities and Commodities guidelines, shareholders attending virtually must register electronically to vote on the AGM items.

Disclosures: Multiply Group PJSC Invitation to Attend AGM held on 18/11/2024 at 15:30

2 months ago

On October 24, 2024, Multiply Group PJSC reorganized its investment in Abu Dhabi National Energy Company PJSC (TAQA) for strategic purposes. This involved transferring shares from Norm Commercial Investment - Sole Proprietorship L.L.C and Spranza Commercial Investment - Sole Proprietorship L.L.C to Multiply Group International Limited. The transaction was reflected in a block trade of TAQA shares on the same date. These transfers do not affect Multiply Group PJSC's ownership in TAQA.

Disclosures: Reorganizing of Multiply Group PJSC’s investment in Abu Dhabi National Energy Company PJSC (TAQA) for strategic purposes

2 months ago