Emirates REIT, the first Shari’a compliant real estate investment trust incorporated in the DIFC, today announces the expiry of its six month lock-in period.

 

At the time of the admission on NASDAQ Dubai, Emirates REIT, the Joint Bookrunners (as defined in the IPO prospectus) and the existing Shareholders agreed to a lock-in of at least 6 months duration. The six month lock-up period has now ended.

 

These locked-in shares represent 16.7% of total locked-up shares and 8.5% of total outstanding shares. The remaining locked-up shares will be released on 8 April 2015.

 

Website www.reit.ae

 

Contact

Magali Mouquet, Investor Relations +971 (4) 405 7348

[email protected]

Disclaimer: NASDAQ Dubai is not responsible for the content of issuer disclosures. Issuer disclosures remain subject to DFSA rules.

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