Americana Restaurants International PLC

Americana Restaurants International PLC, registered in Abu Dhabi, UAE, announced the completion of a share buyback transaction. The company, listed on the Abu Dhabi Securities Exchange (ADX) under the trading code AMR, received ADX approval for the buyback on May 9, 2024, and AGM approval on April 24, 2024. On August 12, 2024, the company bought back 1,250,000 shares at a weighted average purchase price of AED 2.685 per share through International Securities LLC. To date, 1,250,000 shares have been repurchased, with 23,750,000 shares remaining intended for purchase. The announcement was authorized by Saqib Muhammad Sabir Awan, the Authorized Signatory and Secretary of the Board.

Americana Restaurants International PLC announced that it has received approval from the Abu Dhabi Securities Exchange (ADX) to buy back 25 million shares listed on ADX. These shares will be repurchased from the open market and allocated to eligible employees under the company’s approved Share-Based Long Term Incentive Plan (LTIP). The ADX approved the share buyback on May 9, 2024, following the company's AGM approval on April 24, 2024. The buyback will occur in multiple tranches starting after August 8, 2024. The announcement was signed by Saqib Muhammad Sabir Awan, the authorized signatory and secretary of the board.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, has announced a resolution passed by its Board of Directors. Based on the recommendation of the Audit Committee during its meeting on July 29, 2024, the Board adopted the company's consolidated financial statements for the six-month period ending June 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, the Secretary of the Board.

Americana Restaurants International PLC, located in Abu Dhabi, UAE, held a Board of Directors meeting on 27 June 2024 at 12:30 pm. The meeting 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, the Secretary of the Board, with a copy sent to the Securities and Commodities Authority.

Americana Restaurants International PLC has issued a notification to the Chief Executive Officer of the Abu Dhabi Securities Exchange regarding a Board of Directors meeting. The meeting is scheduled for 12:30 pm (UAE local time) on Thursday, 27th June 2024. The agenda includes a performance update for the year-to-date period ending May 2024 and other business updates. In compliance with Resolution No (3) of 2000 on disclosure and transparency, the decisions made during the meeting will be disclosed immediately afterward. The notification is 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 scheduled a Board of Directors meeting for 12:30 pm (UAE local time) on Thursday, June 27, 2024. The meeting agenda includes a performance update for the year-to-date period ending May 2024 and other business updates. The company will disclose the decisions made at the meeting immediately afterward, in compliance with disclosure and transparency regulations. The notification was signed by Saqib Muhammad Sabir Awan, Secretary of the Board, and a copy was sent to the Securities and Commodities Authority.

The text presents the condensed consolidated interim financial statements and an independent auditor's review report for Americana Restaurants International PLC for the three-month period ending on 31 March 2024.

The text presents the condensed consolidated interim financial statements of Americana Restaurants International PLC, along with an independent auditor's review report, for the three-month period ending on 31 March 2024.

Americana Restaurants International PLC reported its Q1 2024 financial results, showing revenues of $493.5 million and an adjusted EBITDA of $103.3 million. The company's revenue decreased by 16.3% year-on-year, mainly due to geopolitical tensions and the seasonal effect of Ramadan. Despite this, the company maintained a healthy EBITDA margin of 20.9% and a net income of $28.0 million. The company also reported a solid cash position of $159.9 million. During Q1 2024, Americana Restaurants opened 37 new stores and had 37 more under construction. At the Annual General Meeting, shareholders approved the distribution of total dividends amounting to $179.4 million.

On May 6, 2024, the Board of Directors of Americana Restaurants International PLC, based on the recommendation of the Company’s Audit Committee, adopted the Company’s consolidated financial statements for the three-month period ended on March 31, 2024. This decision was communicated by the Secretary of the Board, Saqib Muhammad Sabir Awan, to the Chief Executive Officer of the Abu Dhabi Securities Exchange. A copy of the resolution was also sent to the Securities and Commodities Authority.