Emitarif Consutancy Limited (Cayman Islands) is the ultimate parent company of the Emitarif Group and is a private unlisted company. It conducts private placements of its shares to raise funding for the Emitarif Group. Its share capital is owned by approximately 65 shareholders, who are institutions and High Net Worth Individuals (HNWI), from a broad mix of GCC and other countries. The only Emitarif Cayman 5% plus shareholders are:
Shareholder
Description
Status
UBO
Emitarif Consutancy SIPCO Limited
Emitarif Group’s Employee Share Incentive Plan
Private / Not Listed
Emitarif managers and employees
Wafra International Investment Co
Investment arm and subsidiary of the Public Institute For Social Security (PIFSS Kuwait)
Private / Not Listed
Public Institution For Social Security (PIFSS Kuwait) / Kuwait Government
EmiratesNBD Bank PJSC
UAE Bank
Listed on DFM / Regulated by UAE Central Bank
Various shareholders, largely Dubai Government owned
Al Dhow Holding Company KSC
Investment arm of the Al Sayer Group of Kuwait
Private / Not Listed
Al Sayer Group and Al Sayer family
Commercial Bank International PSC
UAE Bank
Listed on ADX / Regulated by UAE Central Bank
Various shareholders, largely owned by Qatar, Ras Al Khaimah government and other UAE nationals
The following are some key facts in relation to the shareholders of the Emitarif Group:
The biggest shareholder of the company is management and employees (SIPCO). Followed by Banks and Institutions
Over 60% of the company is GCC owned or controlled
Shareholdings are reasonably split across the region and between shareholders with no holdings of 10% or more other than SIPCO
Approximately 70% of the company is held by a few key investors
Approximately 30% of the company is held by investors with less than 5% each
Our investor base has in excess of US$50 billion of assets or funds under management, which is an asset, comfort and support for Emitarif Capital