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Subscription for ADIB’s rights issue to start on 25^th September 2018

Abu Dhabi Islamic Bank (ADIB) has set out key dates for its rights issue. This follows the General Meeting held on 19 August which approved to raise the bank's Paid and Issued Share Capital through a tradeable rights issue of 464 million new shares to its shareholders, worth AED 1 billion.

Each shareholder will have the right to subscribe to 29 new shares for every 198 shares held at 2:00 pm on 10^th September 2018, and subscription will start on 25^th September, and end on 9^th October.

Each right grants its holder the eligibility to subscribe to one new share at an issue price of AED 2.16 per share, reflecting the nominal value of AED 1 per share, and a share premium of AED 1.16 per share. This represents a 45 percent discount to the market share price as of 25^th July 2018. Shareholders will have the option of trading their rights during the trading period through the Abu Dhabi Securities Exchange between 25^th September and 09^th October.

The following table reflects the important dates for subscription:

Investors are advised to carefully read the Invitation to the Shareholders, and to contact us on +971 600 52 3434 or via email brokerage@emiratesnbd.com for assistance.

Regards,
Emirates NBD Securities LLC