Receipt of Voluntary Conditional Cash Offer from Q Logistics Holding LLC to Acquire the Shares of Aramex PJSC
Pursuant to the announcements made by Aramex PJSC ("Aramex") dated 13 January 2025 and 27 January 2025 concerning Aramex's receipt of a notification from Q Logistics Holding LLC ("Q Logistics"), a wholly-owned indirect subsidiary of Abu Dhabi Developmental Holding Company PJSC (ADQ), of its intention to submit a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share capital of Aramex not already held by Abu Dhabi Ports Company PJSC (the "Offer"), Aramex now announces that on 9 February 2025 it has received the offer document ("Offer Document") providing further details on the Offer.
Aramex Shareholders wishing to accept the Offer must either (i) submit an Electronic Acceptance Form at ipo.emiratesnbd.com/en/aramex, or (ii) complete, sign and return the Acceptance Form accompanying this Offer Document as soon as possible and, in any event, so as to be received as set out in the Acceptance Form no later than 3PM on 10 March 2025 (or such later date as may be notified by the Offeror to Aramex).
Please click here to read the offer document and follow necessary steps.
Expected Timetable of Principal Events
| Event | Date |
|---|---|
| Publication of Offer Document | 10-Feb-25 |
| Offer opening date | 11-Feb-25 |
| Offer closing date | 3PM on 10 March 2025 |
| Offer results announcement | 14-Mar-25 |
| Expected Unconditional Date | Q3 of 2025 |
| Payment of consideration to Aramex Shareholders | Within 3 days after the Unconditional Date |
| Aramex Shares registered in the name of Q Logistics Holding LLC | Within 3 days after the Unconditional Date |
