Equity

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1. The name of the people who are in charge of coordinating the listing process from the company, authorization letter is required in case of assigning a third party along with their contact details.

2. DFM listing application signed by authorized signatory

3. Copy of the Securities and Commodities Authority shares listing approval.

4. Copy of the all documents attached to the Listing Application submitted to the Securities and Commodities Authority.

5. Copy of the Company’s Certificate of Incorporation.

6. Copy of the Company’s valid Trade License or equivalent (please maintain to provide the DFM with the renewed license annually once available).

7. Copy of the Company’s valid Trade Register (if applicable) (please maintain to provide the DFM with the renewed license annually once available).

8. List of the authorized signatories and sample of their signatures, approved by the Board of Directors.

9. List of names of Board of Directors and Executive Managers, mentioning securities owned by them and their first degree relatives, It is mandatory to mention the names of the first degree relatives (parents, husband / wife, and children on securities issued by the company.

10. Passport copy and the investor number of all Board of Directors members and Executive Managers and their first degree relatives.

11. Membership in the board of directors of other public joint stock companies.

12. Details of  subsidiaries , affiliated, associated companies, and/or any investment in UAE public joint stock companies including percentage of ownership therein, and names of founding shareholders

13. Official Letter specifying details of any restrictions on any type of transfer of the company shares.

14. Issuing Prospectus or Information Memorandum.

15. Soft copy of the company logo and financial reports for the last financial years and the interim financial report for the last quarter.

16. Letter of choosing a trading symbol in English capital letters of maximum 10 characters.

17. The name of the person or the authorized entity who is responsible for the company disclosures with contact details.

18. Official letter containing the list of names of the company’s founders (full name as appears in passport) along with each founder’s holdings in the company shares and their DFM investor number (if available).

19. Coordination with CSD Division to submit official letter specifying details of shares under pledge in favor of banks, or under reservation as per legal authorities orders (e.g. courts) with names of related shareholders, quantities of shares, and DFM investor number (if available) along with the official supporting documents.

20. Any other related documents. 

In addition to the above listing requirements, to publish, in two Arabic daily Newspapers ten days prior to listing on DFM, the company’s annual financial statements and summary of the Board of Directors’ report, which were submitted with the SCA Listing Application. Additional publishing in one English Newspaper is required if the company allows non-nationals to trade in its shares.

The publication should include:

1. General Board of Directors Summary about the company.
2. Auditors report.
3. Financial Statements include the last 2 financial years plus the interim financial period of the followings: 

1. The company must abide by all the rules and regulations of the SCA.
   
2. The company must abide by all the rules and regulations of the DFM. However, the company may notify the DFM if it believes that it may be unable to comply with one or more provisions of the DFM rules and regulations.
   
3. The DFM has the discretion, on a case-by-case basis upon receipt of such notice, to grant exemptions.
   
4. The company must provide the DFM, and also publish, its audited annual financial statements within 90 days of the end of the financial year.  The company shall also provide the DFM quarterly and half yearly financial statements and ensure they are publicly available within 45 days from the end of the period. Each of the above should be accompanied by a management report on the business activities for the period under review.
   
5. The company must immediately disclose and report to the DFM any material information including information submitted with the listing application form that is likely to affect the price of the securities and decision-making of investors.
   
6. The company must satisfy any additional requirements and regulations and furnish any additional documents and / or information that the SCA or DFM may require.
   
7. The company that fails to abide by the SCA and / or DFM rules and regulations may be suspended or de-listed after due process.

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The company submitting the listing application may have to satisfy additional requirements and furnish additional documents and information that the SCA or DFM may require. The directors of the company will individually and collectively accept full responsibility for the completeness and accuracy of all information submitted to DFM.  DFM shall not assume any responsibility for the correctness of any of the information, statements or opinions submitted to DFM. approval for listing at DFM is not to be taken as an indication of the merits of the company or its business activities or its shares. DFM Board of Directors shall have discretionary authority to exempt a company from some of its listing requirements or submitting certain documents. DFM may decline a listing application without assigning any reason.

1. The name of the people who are in charge of coordinating the listing process from the company, authorization letter is required in case of assigning a third party along with their contact details.

2. DFM listing application signed by authorized signatory

3. Copy of the Securities and Commodities Authority shares listing approval.

4. Copy of the all documents attached to the Listing Application submitted to the Securities and Commodities Authority.

5. Copy of the Company’s Certificate of Incorporation.

6. Copy of the Company’s valid Trade License or equivalent (please maintain to provide the DFM with the renewed license annually once available).

7. Copy of the Company’s valid Trade Register (if applicable) (please maintain to provide the DFM with the renewed license annually once available).

8. List of the authorized signatories and sample of their signatures, approved by the Board of Directors.

9. List of names of Board of Directors and Executive Managers, mentioning securities owned by them and their first degree relatives, It is mandatory to mention the names of the first degree relatives (parents, husband / wife, and children on securities issued by the company.

10. Passport copy and the investor number of all Board of Directors members and Executive Managers and their first degree relatives.

11. Membership in the board of directors of other public joint stock companies.

12. Details of  subsidiaries , affiliated, associated companies, and/or any investment in UAE public joint stock companies including percentage of ownership therein, and names of founding shareholders

13. Official Letter specifying details of any restrictions on any type of transfer of the company shares.

14. Issuing Prospectus or Information Memorandum.

15. Soft copy of the company logo and financial reports for the last financial years and the interim financial report for the last quarter.

16. Letter of choosing a trading symbol in English capital letters of maximum 10 characters.

17. The name of the person or the authorized entity who is responsible for the company disclosures with contact details.

18. Official letter containing the list of names of the company’s founders (full name as appears in passport) along with each founder’s holdings in the company shares and their DFM investor number (if available).

19. Coordination with CSD Division to submit official letter specifying details of shares under pledge in favor of banks, or under reservation as per legal authorities orders (e.g. courts) with names of related shareholders, quantities of shares, and DFM investor number (if available) along with the official supporting documents.

20. Any other related documents.

21. Coordination with CSD Division to sign dual listing and limited representation agreements.

In addition to the above listing requirements, to publish in two Arabic Newspapers, ten days prior to listing on the DFM, the company’s annual financial statements and summary of the Board of Directors’ report, which were submitted with the SCA Listing Application. The announcement should include the following:

1. General Board of Directors summary about the company.
2. Auditors report.
3. Financial Statements including:

Publish announcements for shareholders who are interested in transferring shares to the DFM.

1. The company must abide by all the rules and regulations of the SCA.
   
2. The company must abide by all the rules and regulations of the DFM. However, the company may notify the DFM if it believes that it may be unable to comply with one or more provisions of the DFM rules and regulations.
   
3. The DFM has the discretion, on a case-by-case basis upon receipt of such notice, to grant exemptions.
   
4. The company must provide the DFM, and also publish, its audited annual financial statements within 90 days of the end of the financial year.  The company shall also provide the DFM quarterly and half yearly financial statements and ensure they are publicly available within 30 days from the end of the period. Each of the above should be accompanied by a management report on the business activities for the period under review.
   
5.  The company must immediately disclose and report to the DFM any material information including information submitted with the listing application form that is likely to affect the price of the securities and decision-making of investors.
   
6. The company must satisfy any additional requirements and regulations and furnish any additional documents and / or information that the SCA or DFM may require.
   
7. The company that fails to abide by the SCA and / or DFM rules and regulations may be suspended or de-listed after due process.