BALADNA ACQUIRES 5% SHARE IN JUHAYNA FOOD INDUSTRIES (EGYPT)

Baladna QPSC acquired 5% stake in Juhayna Food Industries (Company listed on Egyptian Stock Exchange), through a series of purchases from the market. Below is the summary of the transactions:

No. of Shares acquired to date: 47,116,563 Shares.

Total Investment EGP 285,802,001 (Equivalent to   QAR 67,084,980).

Baladna is a market leader in the Qatar dairy market and has shown resilient growth over the last 3 years. According to the developed strategy the company wants to continue its growth path within Qatar and to expand to other countries outside Qatar into F&B market. This is by taking into consideration both green field and brown field projects to enhance the shareholder value. Investment decisions are based on very detailed analysis of the market. Egypt market with population more than 100 million is large and promising F&B market. Being the market leader, Juhayna company is expected to be most beneficial from the market growth with strong distribution network.

Juhayna Food Industries

A leading Egypt-based manufacturer specialized in the production, processing and packaging of dairy, juice, and cooking products. Since its founding in 1983, it has secured a frontrunner position in the dairy and juice industries in Egypt and has expanded its presence in the Middle East, a feat made possible through its firm commitment to delivering a wide range of high-quality, healthy, and safe products that have become trusted household names.

A public listed company on Egyptian Exchange-EGX

ISIN No. EGS30901C010

Total Company shares to-date: 941,405,082 shares

Registered address: Juhayna Headquarter, Polygon, Building No. 02, Beverly Hills, Sheik Zayed – Giza, Egypt)