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RNS Number : 4795G Dar Global PLC 28 April 2025
For immediate release 28 April 2025
Dar Global plc
('Dar Global', the 'Company' or the 'Group')
Publication of Annual Report and Notice of Annual General Meeting
Dar Global, the London-listed luxury real estate developer, announces that the
following documents have been published today and are being made available to
shareholders via its website or by post:
· its Annual Report and Financial Statements for the year ended 31
December 2024, and
· the 2025 Notice of Annual General Meeting ('AGM').
The AGM of the Company will be held on Tuesday, 24 June 2025, at 2:00 pm (BST)
at The Park Tower Knightsbridge, 101 Knightsbridge, London SW1X 7RN.
In accordance with UK Listing Rule 22.2.6, copies of the above documents have
been submitted to the National Storage Mechanism and will shortly be available
for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .
The Annual Report and Financial Statements and Notice of AGM are also
available online on the Company's website at https://darglobal.co.uk/investor
(https://darglobal.co.uk/investor) .
In conformity with DTR 6.3.5(1A) the regulated information required under DTR
6.3.5 is available in unedited full text within the Annual Report and
Financial Statements as uploaded and available on the National Storage
Mechanism and on the Company's website as noted above.
- Ends -
For further enquiries, please contact:
Dar Global plc IR@darglobal.co.uk (mailto:IR@darglobal.co.uk)
Burson Buchanan (Financial Communications) Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham / Simon Compton darglobal@buchanancomms.co.uk (mailto:darglobal@buchanancomms.co.uk)
www.bursonbuchanan.com (http://www.bursonbuchanan.com)
Notes to editors:
Dar Global PLC is a highly differentiated international real estate business.
It focuses predominantly on developing real estate projects comprising second
homes for internationally mobile customers, in some of the most desirable
locations across the Middle East and Europe, including Jeddah and Riyadh in
Saudi Arabia, downtown Dubai, Muscat in Oman, London and the Costa del Sol
region in the South of Spain.
Dar Global was originally established to house and develop the international
assets of Dar Al Arkan Real Estate Development PJSC ('DAARE'), a leading real
estate developer in the Kingdom of Saudi Arabia. Listed on the Saudi Stock
Exchange since 2007, Dar Al Arkan has delivered over 15,000 residential units
with total assets of c. US$7.5 billion.
The Company intends to expand its focus to hospitality assets. The aim is to
acquire or build hotels and sell them after a period of three to five years of
operation once the hotels' or resorts' revenue streams stabilise. Target
markets include the US, Spain, Dubai, Maldives, Athens, Saudi Arabia, and
London.
Dar Global was admitted to the Main Market of the London Stock Exchange on 28
February 2023. For more information, please visit www.DarGlobal.co.uk
(http://www.DarGlobal.co.uk)
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