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NATIONAL CENTRAL COOLING COMPANY PJSC

(TABREED)
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National Central Cooling : توضيح الخبر المنشور في وسائل الإعلام

11/15/2021 | 11:46pm EST

Date: 16 November 2021

2021 بمفون 16 :خ يراتلا

Ref: TB/LD/HJ/868-11-21/LB

TB/LD/HJ/868-11-21/LB :ةراشلأا

Mr. Hamed Ahmed Ali

ر

،لع دمحأ دماح / ديسلا

مبحملا

Chief Executive Officer

يذ

يفنتلا س

يئرلا

Dubai Financial Market

ي

لا ملا ي

بد قو

س

ةد حتملا ة

يبرعلا تارا

ملاا ة لود ي

بد

Dubai - UAE

Subject: Clarification on news published in the media

ملاعلإا لئاسو ف ةروشنملا رابخلا حيضوت :عوضوملا

ي

Greetings,

،دعبو ةبيط ةيحت

In relation to the recent news article regarding the CEO of

ر

ةكشل يذيفنتلا سيئرلا نع ةرداصلا ةبخلأار ةيرابخلإا تلااقملا لع حيضوتلل

Tabreed's statements on exploring acquisition opportunities for

دنهلاو تاراملإا ةلود ف قطانملا ديبتل ةديدج تاذاوحتسا سردل "ديبت"

district cooling assets in the UAE, India and Egypt, we confirm

ر

اهنأ قوسلل رمتسملا اهديكأت نع تبرعأ ديبت ةكش نأ دكؤن اننإف ،صرمو

that Tabreed has consistently stated to the market that it is

ديبت لوصأب قلعتي اميف ةلمتحملا ذاوحتسلاا صرف رارمتساب فشكتست

continuously exploring potential acquisition opportunities in

ر

ديلوتل ةلماشلا ومنلا ةيجيتابسا نم ءزجك قطانملا هذه ف ةيسيئرلا قطانملا

respect of prime district cooling assets situated in these regions

"ديبت" تحصفا نأو قبس دقل ،كلذ لىإ ةفاضلإاب .حلاصملا باحصلأ ةميق

as part of its overall growth strategy to generate value for its

ر

دكؤن امك .دنهلاب قلعتي اميف ةيلودلا ليومتلا ةسسؤم عم اهتكاش نع قوسلل

stakeholders. In addition, Tabreed has previously disclosed to

لا هنأ لاإ ،ايلاح قاوسلأا هذه ف صرفلا نم ديدعلا دوجو نم مغرلا لع هنأ

the market its partnership with the IFC in relation to India. We

تايلمع يلأ ةلباقم فارطأ ةيأ عم ةيراس ذاوحتسا تايقافتا هنيح ف دجوت

confirm that while there are many opportunities in these

.ةلمتحم ذاوحتسا

markets, there are currently no acquisition agreements in place

ْ

ر

with any counterparties in respect of any potential acquisitions.

قارولأا ةئيه لبق نم يبولطملار

ةيفافشلاو حاصفلإاب اهمابلا لع ديبت دكؤتو

Tabreed emphasizes its commitment to the disclosure and

تاذ تاحاصفلإا عيمج نأ لع ددشتو لىاملا بد قوسو علسلاو ةيلاملا

transparency requirements of the Securities and Commodities

ر

.اهنم ءاهتنلاا روف اهب قوسلا ملاعإ متيس يرهوجلا بايلمعلا عباطلا

Authority and the Dubai Financial Market and confirms that all

disclosures relating to all material transactions will be made to

the market as and when they are finalized.

In relation to the additional statements made by the CEO in the

ر

اميف ملاعلإا لئاسو ف يذيفنتلا سيئرلا اهب لىدأ تلا ةيفاضلإا تانايبلا لوح

media in relation to dividends, please note that in setting the

ةيونسلا حابرلأا تاعيزوت ديدحت دنع هنأ ملعلا

جري ،حابرلأا تاعيزوتب قلعتي

annual dividend for 2021 and the overall financial strategy for

ر

ر

ةرادلإا سلجم نإف ،ديبت ةكشل ةلماشلا ةيلاملا ةيجيتابسلااو 2021 ماعل

Tabreed, the Board's aim is to grow dividends in line with the

ر

سفن فو ةيراجتلا لامعلأا عم شامتي امب حابرلأا ف ةدايز زاجنا لىإ فدهي

business, whilst striking a balance between the interests of the

.يمهاسملاور

ييلاملار

ينئادلاور

لامعلأا حلاصم يبر نزاوتلا قيقحت تقولا

business, financial creditors and shareholders. Dividends for

لئاوأ ف 2021 ماعل حابرلأا تاعيزوت ف ةرادلإا سلجم لبق نم رظنلا متيس

2021 will be considered by the Board in early 2022 and

عامتجا ف اهيلع ةقفاوملل يمهاسملر

ا لع ضرعت فوسو 2022 ماع

recommended to shareholders for approval at the AGA in 2022

.2022 ماع ف يونسلا ةيمومعلا ةيعمجلا

in the normal course.

Yours Sincerely,

ر

،مابحلااو ريدقتلا قئاف لوبقب اولضفتو

________________________________

Hamish Jooste/تسوج شيماه

Chief Legal Counsel/ ماـــع نوناق راشتسم

ي

Disclaimer

Tabreed - National Central Cooling Company PJSC published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 04:45:01 UTC.


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Sales 2021 2 041 M 556 M 556 M
Net income 2021 552 M 150 M 150 M
Net Debt 2021 5 094 M 1 387 M 1 387 M
P/E ratio 2021 13,5x
Yield 2021 3,89%
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EV / Sales 2021 5,99x
EV / Sales 2022 5,47x
Nbr of Employees -
Free-Float 21,8%
Chart NATIONAL CENTRAL COOLING COMPANY PJSC
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National Central Cooling Company PJSC Technical Analysis Chart | TABREED | AEN000501017 | MarketScreener
Technical analysis trends NATIONAL CENTRAL COOLING COMPANY PJSC
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 2,57 AED
Average target price 3,42 AED
Spread / Average Target 33,0%
EPS Revisions
Managers and Directors
Khalid Al-Marzooqi Chief Executive Officer
Adel Salem Al-Wahedi Chief Financial Officer
Khaled Abdulla Juma Al-Qubaisi Chairman
Saeed Al Maeeni Vice President-Information Technology
Jean-Francois Chartrain Chief Operating Officer