GFH Financial Group would like to inform its shareholders and the markets that with reference to Al Hilal Bank’s 5.3% ownership in GFH, the following is to be noted:

–          2.83% is held by Al Hilal Bank as collateral for financing granted to Integrated Capital (“IC”) and IC retains the voting right of these shares;

–          2.17% is held by Al Hilal Bank as collateral for financing granted to Abu Dhabi Financial Group (ADFG) and ADFG retains the voting right of these shares.

Accordingly, the breakdown of ADFG and its related parties ownership is as follows:

 

Goldilocks Investment Company0.39%
Shares held by Al Hilal Bank on Behalf of ADFG2.17%
Shares held by Al Hilal Bank on Behalf of IC2.83%
Shares held by Ajman Bank on Behalf of ADFG1.15%
Shares held by Ajman Bank on Behalf of IC1.75%
Shares held by Mashreq Bank on Behalf of IC1.35%
Shares held by Ajman Bank on Behalf of Reem Finance0.05%
Total Shareholding9.69%