Arada Sukuk Limited
22 October 2026
THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF REGULATION (EU) NO 596/2014 AS IT FORMS PART OF THE UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (THE "EUWA").
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.
22 October 2026
ARADA DEVELOPMENTS LLC ANNOUNCES MAXIMUM ACCEPTANCE AMOUNT IN RELATION TO TENDER OFFER TO PURCHASE EXISTING CERTIFICATES FOR CASH
Further to the announcement dated 20 October 2026 in relation to the invitation of Arada Developments LLC ("Arada") to holders of Arada Sukuk Limited's outstanding U.S.$411,702,000 in aggregate face amount of the U.S.$500,000,000 Trust Certificates due 2027 (ISIN: XS2471859251) (the "Existing Certificates") to tender such Existing Certificates for purchase by Arada for cash (such invitation being, the "Offer"), Arada hereby confirms that the Maximum Acceptance Amount is U.S.$180,000,000 (subject to amendment in accordance with the tender offer memorandum dated 20 October 2026 (the "Tender Offer Memorandum"), the "Maximum Acceptance Amount"), on the terms and subject to the conditions contained in the Tender Offer Memorandum.
The Offer is subject to the offer and distribution restrictions set out below and as more fully described in the Tender Offer Memorandum. Copies of the Tender Offer Memorandum are available, subject to registration and eligibility confirmation, from the Transaction Website: https://projects.sodali.com/aradatender. Capitalised terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum.
For Further Information
A complete description of the terms and conditions of the Offer is set out in the Tender Offer Memorandum. Any questions or requests for assistance in connection with: (i) the Offer, may be directed to the Dealer Managers; and (ii) the delivery of Tender Instructions or requests for additional copies of the Tender Offer Memorandum, which may be obtained free of charge, may be directed to the Tender and Information Agent, the contact details for each of which are set out below.
Dealer Managers
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Emirates NBD Bank PJSC Baniyas Road Deira P.O. Box 777 Dubai United Arab Emirates Telephone: +971 4303 2800 Attention: Debt Capital Markets Email: dcmsf@emiratesnbd.com |
Mashreqbank psc Al Umniyati Street, Burj Khalifa Community P.O. Box 1250, Dubai United Arab Emirates Email: DCM@mashreq.com |
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Standard Chartered Bank |
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Tender and Information Agent
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Sodali & Co Ltd |
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In London The Leadenhall Building 122 Leadenhall Street London EC3V 4AB United Kingdom Telephone: +44 20 4513 6933 |
In Hong Kong 1401, 14/F 90 Connaught Road Central Sheung Wan Hong Kong
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Email: arada@investor.sodali.com |
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Transaction Website: https://projects.sodali.com/aradatender |
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DISCLAIMER
This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire or exchange any securities is being made pursuant to this announcement.
This announcement is released by Arada Developments LLC and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of the United Kingdom domestic law by virtue of the EUWA ("MAR"), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055 as it forms part of the United Kingdom domestic law by virtue of the EUWA, this announcement is made by Mr. Shimmy Mathew, Group Chief Financial Officer of Arada Developments LLC.
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