Americana Restaurants International PLC - AMR

Activities

Americana Restaurants International PLC (formerly Americana Restaurants Ltd) is an Abu Dhabi Global Market registered entity that was incorporated on 27 May 2022.Americana Restaurants' business comprises operating and managing a number of restaurant chains/brands across the region.

The operations extend to the United Arab Emirates, Saudi Arabia, Kuwait, Egypt, Qatar, Kazakhstan, Bahrain, Jordan, Oman, Lebanon, Morocco, and Iraq operated by the various subsidiaries of Americana Restaurants. Americana Restaurants' business has been operating since 1969. It was owned and operated by Kuwait Food Company (Americana) K.S.C.C. which is 93.42% owned by Adeptio AD Investments Ltd. On 2 June 2022, the Board of Directors of KFC approved the transfer of Americana Restaurants' business and its entities, to Americana Restaurants (together referred to as "the Group") to be effective from 27 June 2022.

On 29 August 2022, KFC transferred its shareholding in Americana Restaurants to the Intermediate Parent Company, following the approval of the Board of Directors of KFC and KFC shareholders' approval in the General Assembly.

On 2 November 2022, the Intermediate Parent Company announced its intention to float a 30% shareholding of its investment in Americana Restaurants on the Abu Dhabi Securities Exchange ("ADX") in the United Arab Emirates and on the Saudi Stock Exchange ("Tadawul") in the Kingdom of Saudi Arabia through an Initial Public Offering ("IPO"), pursuant to the resolution of the shareholders of Americana Restaurants. The trading of the shares commenced on 12 December 2022.

Subsequent to the IPO, the Intermediate Parent Company continues to own a majority 66.03% investment in the Group (previously 96.03%). The Intermediate Parent Company is a wholly owned subsidiary of Adeptio AD Holdings Ltd. The Ultimate Parent Company is equally owned by Mr. Mohamed Ali Rashed Alabbar and the Saudi Company for Gulf Food Investments, a subsidiary of the Public Investment Fund of the Kingdom of Saudi Arabia, being the 'Ultimate Shareholders'.