Trading of Etisalat shares by non-UAE individuals to commence September 15

Further to our announcement on August 18, Etisalat Group has confirmed that its board of directors has approved the controls and procedures governing foreign ownership, based on Etisalat Group’s new articles of association.

As such, trading in Etisalat Group’s shares on the Abu Dhabi Stock Exchange (ADX) by non-UAE individuals (foreign individuals, foreign corporate entities, UAE free zone entities and UAE incorporated entities) will start on September 15. Foreign ownership as defined by Etisalat Group’s articles of association will be limited to 20 per cent of the share capital.