REG - Arada Sukuk Ltd - Results of Meeting and Notice of Adjourned Meeting

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RNS Number : 5411Q  Arada Sukuk Limited  10 July 2025

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INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT.

10 July 2025

ARADA SUKUK LIMITED

ANNOUNCES RESULTS OF CONSENT SOLICITATION

to eligible holders of its outstanding U.S.$ 500,000,000 Trust Certificates
due 2027

(the "Certificates")

ARADA SUKUK LIMITED

(Incorporated as an exempted company with limited liability in the Cayman
Islands)

(the "Trustee")

 Description of Certificates                    Aggregate Face Amount Outstanding                Consent Fee

                                                                                   ISIN

 U.S.$ 500,000,000 Trust Certificates due 2027  U.S.$ 500,000,000                  XS2471859251  U.S.$ 0.75 per U.S.$ 1,000

                                                                                                 in aggregate face

                                                                                                 amount of the

                                                                                                 Certificates

On 16 June 2025, the Trustee announced an invitation to holders of the
Certificates to consent to certain modifications of the terms and conditions
of the Certificates and the documents relating to the Certificates, all as
further described in the consent solicitation memorandum dated 16 June 2025
(the "Consent Solicitation Memorandum"). Capitalised terms used in this notice
and not otherwise defined shall have the meanings given to them in the Consent
Solicitation Memorandum.

Results of the Original Meeting and Details of Adjourned Meeting

A Meeting was timetabled for 9 July 2025 for the purpose of considering the
Extraordinary Resolution (the "Original Meeting"). The Original Meeting was
inquorate and was adjourned.

The adjourned Meeting will be held at the offices of Greenberg Traurig, LLP at
The Shard, Level 8, 32 London Bridge Street, London SE1 9SG, United Kingdom at
10.00 a.m. (London time) on 23 July 2025 for the purpose of considering and,
if thought fit, passing the Extraordinary Resolution (the "Adjourned
Meeting").

As at the date of the Expiration Deadline, more than 75 per cent. of the valid
Electronic Voting Instructions provided by Eligible Certificateholders to the
Information and Tabulation Agent by the Expiration Deadline were votes in
favour of the Extraordinary Resolution. Consequently, based on the information
available to it as at today's date, the Trustee expects that the Extraordinary
Resolution will be passed at the Adjourned Meeting.

Electronic Voting Instructions received by the Information and Tabulation
Agent at or prior to the Expiration Deadline remain valid, with Certificates
subject to such Electronic Voting Instructions being blocked until the
conclusion of the Adjourned Meeting.

If the Extraordinary Resolution is passed at the Adjourned Meeting then,
subject to the satisfaction of the other conditions set out in the Consent
Solicitation Memorandum, the Consent Fee will be paid by the Trustee on or
around 23 July 2025 and, in any event, by no later than the fifth Business Day
following the Adjourned Meeting (the "Fee Payment Date").

Further details about the Consent Solicitation can be obtained from:

The Solicitation Agent

Standard Chartered Bank

7th Floor Building One, Gate Precinct

Dubai International Financial Centre

P.O. Box 999

Dubai

United Arab Emirates

Attention: Liability Management

Email: liability_management@sc.com

The Information and Tabulation Agent

Sodali & Co Ltd

The Leadenhall Building

122 Leadenhall Street

London

EC3V 4AB

United Kingdom

 

Email: arada@investor.sodali.com (mailto:arada@investor.sodali.com)

Transaction Website: https://projects.sodali.com/arada
(https://projects.sodali.com/arada)

Distribution Restrictions

This announcement and the Consent Solicitation Memorandum do not constitute an
offer or an invitation to participate in the Consent Solicitation in any
jurisdiction in or from which, or to or from any person to or from whom, it is
unlawful to make such offer or invitation under applicable securities laws.
The distribution of the Consent Solicitation Memorandum in certain
jurisdictions may be restricted by law. Persons into whose possession the
Consent Solicitation Memorandum comes are required by each of the Trustee,
Arada, the Solicitation Agent, the Delegate and the Information and Tabulation
Agent to inform themselves about, and to observe, any such restrictions.

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