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    AGTHIA   AEA001901015

AGTHIA GROUP PJSC

(AGTHIA)
  Report
End-of-day quote. End-of-day quote Abu Dhabi Securities Exchange - 09/21
5.93 AED   +0.17%
09/15Agthia Group PJSC acquired 75% stake in Atyab.
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09/01Agthia Group PJSC agreed to acquire BMB Group.
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08/10Agthia Group PJSC Proposes Dividend for the First Half of 2021
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Agthia Group PJSC completed the acquisition of AL Foah Company LLC from Senaat General Holding Corporation.

01/06/2021 EDT

Agthia Group PJSC (ADX:AGTHIA) received offer to acquire AL Foah Company LLC from Senaat General Holding Corporation for AED 450 million on October 6, 2020. Agthia Group PJSC (ADX:AGTHIA) signed an agreement to acquire AL Foah Company LLC from Senaat General Holding Corporation on November 8, 2020. Under the terms of transaction, Agthia will issue to Senaat convertible instrument, convertible into 120 million ordinary shares in Agthia upon closing of transaction. Post conversion, Senaat would own 59.17% of entire issued share capital of Agthia, up from 51% it currently owns. The fixed conversion price at which the convertible instrument will convert into shares in Agthia is AED 3.75 per share. Transaction is subject to customary closing condition, including regulatory and shareholder approvals. On 9 November 2020, Agthia announced that the Agthia Board had voted to recommend the Transaction to its shareholders. At the period ending June 2020, Al Foah reported revenue of AED 470 million, EBITDA of AED 96 million, net income of AED 77 million and assets of AED 901 million. The Transaction is immediately accretive for shareholders of Agthia. KPMG acted as fairness opinion advisor for Agthia.. Agthia Group PJSC (ADX:AGTHIA) completed the acquisition of AL Foah Company LLC from Senaat General Holding Corporation on January 6, 2021.


ę S&P Capital IQ 2021
All news about AGTHIA GROUP PJSC
09/15Agthia Group PJSC acquired 75% stake in Atyab.
CI
09/01Agthia Group PJSC agreed to acquire BMB Group.
CI
08/10Agthia Group PJSC Proposes Dividend for the First Half of 2021
CI
08/10Agthia Group Pjsc Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
05/17Agthia Group PJSC completed the acquisition of 60% stake in Al-Nabil Food Industries Co..
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05/03Agthia Group PJSC Reports Earnings Results for the First Quarter Ended March 31, 2021
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04/25Abu Dhabi Ports raises $1 billion loan, sources say
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04/15AGTHIA GROUP PJSC : Ex-dividend day for final dividend
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04/08AGTHIA : Abu Dhabi's Agthia Gets Board Approval to Take 75% Stake in Egypt's Ismailia Agri..
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04/07UAE's Agthia approves 75% acquisition of Egypt's Ismailia Agricultural
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More news
Financials
Sales 2021 2 999 M 817 M 817 M
Net income 2021 184 M 50,0 M 50,0 M
Net cash 2021 147 M 40,1 M 40,1 M
P/E ratio 2021 25,8x
Yield 2021 2,53%
Capitalization 4 270 M 1 162 M 1 162 M
EV / Sales 2021 1,37x
EV / Sales 2022 1,08x
Nbr of Employees 167
Free-Float 53,8%
Chart AGTHIA GROUP PJSC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 5,93 AED
Average target price 7,05 AED
Spread / Average Target 18,9%
EPS Revisions
Managers and Directors
Alan Smith Chief Executive Officer
Ammar Mohammad Ahmed Al Ghoul Chief Financial Officer
Khalifah Sultan Hazeem Al-Suwaidi Chairman
Rabih Kamleh Senior Vice President-R& D, Quality Assurance
Khamis M. Khamis Buharoon Al-Shamsi Independent Non-Executive Director
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