The subscription application must be submitted to the Lead Receiving Bank, First Abu Dhabi Bank (FAB), together with the NIN with ADX and the Eligible Investor’s bank account number, in addition to payment in full for the amount it wishes to use to subscribe for the Offer Shares, which is to be paid in one of the following ways:
- Certified bank cheque (Manager’s Cheque) drawn on a bank licensed and operating in the UAE, in favor of “Multiply Group PJSC – Subscription”
- Debiting an Eligible Investor’s account with the Lead Receiving Bank; or
- Electronic subscriptions (please refer to the section on electronic subscription below).
Details of the Eligible Investor’s bank account must be completed in the Subscription Application even if the application amount will be paid by Manager’s Cheque.
The subscription amount may not be paid or accepted by the Lead Receiving Bank using any of the following methods:
- In cash;
- Cheques (not certified); or
- Any other mode of payment other than mentioned above.
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Participating Branches of the Lead Receiving Bank
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S.No
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Branch name
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Branch Location-Area
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Customer Timing
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Subscription Timings
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Branch Address
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| 1 |
Business Park, Abu Dhabi
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Abu Dhabi
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08: am to 02:00 pm (Sat- Wed);
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8 am to 1 pm – Sat – Thurs.
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Khalifa Park Al Qurm, PO BOX:6316, Abu Dhabi
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08:00 am to 01:00 pm (Thu)
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| 2 |
FAB One Tower, Abu Dhabi
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Abu Dhabi
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08: am to 03:00 pm (Sat- Thur);
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8 am to 1 pm – Sat – Thurs.
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Intersection of Shaikh Khalifa street ,PO BOX:2993, Abu dhabi
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E-Subscription
Access https://www.bankfab.com/en-ae/cib/iposubscription. Please refer to the “How to subscribe page” and follow the instructions and submit the application.
- Please ensure the following for submitting E-Subscription:
a) Ensure that you have registered your mobile number with ADX against your NIN with ADX for receiving OTP for verification.
b) Ensure to transfer the subscription amount through following:
i) Online transfer via UAE FTS Payment/ FAB online/mobile banking – Steps (INSIDE UAE)
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- Please use “Payment Purpose Code” as “Subscription” or Others and include NIN number.
- Eligible Investor to remit funds, first, in full without deduction of any foreign bank charges.
- Please mention “NIN Number, Broker Name and mobile Number under “Remittance Instructions” field or in “Remarks”
ii) SWIFT Payment Steps (OUTSIDE UAE)
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- Select Payment message MT103
- Capture in Field 70 relevant “NIN Number, Broker Name, mobile number, amount of subscription applied for”
iii) Details for subscription funds transfer:
BANK NAME: First Abu Dhabi Bank PJSC
IBAN: AE050354031000000001315
Beneficiary Account Name: Multiply Group PJSC – Subscription
Currency: AED
Account Number: 4031000000001315
SWIFT Code: NBADAEAASSD
iv) Upon completion of transferring the subscription amount, you must keep a copy of the payment receipt / payment confirmation to upload along with the Subscription Application
Documents Required
For individuals who are UAE or GCC nationals or nationals of any other country:
- The original and a copy of a valid passport or Emirate’s identity card; and
- In case the signatory is different from the Eligible Investor:
- the duly notarized power of attorney held by that signatory or a certified copy by UAE-regulated persons/bodies, such as a notary public, or as otherwise duly regulated in the country.
- the original passport/Emirates ID of the signatory for verification of signature and a copy of the original passport/Emirates ID; and
- a copy of the passport/Emirates ID of the Eligible Investor for verification of signature; or
- In case the signatory is a guardian of a minor, the following will be submitted:
- Original and copy of the guardian’s passport/Emirates ID for verification of signature;
- Original and copy of the minor’s passport; and
- If the guardian is appointed by the court, original and copy of the guardianship deed attested by the court and other competent authorities (e.g. notary public).
For corporate bodies including banks, financial institutions, investment funds and other companies and establishments:
UAE registered corporate bodies:
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- The original and a copy of a trade license or commercial registration for verification or a certified copy by one of the following UAE-regulated persons/bodies; a notary public or as otherwise duly regulated in the country;
- The original and a copy of the document that authorizes the signatory to sign on behalf of the Eligible Investor and to represent the Eligible Investor, to submit the application, and to accept the terms and conditions stipulated in the Prospectus and in the subscription form; and
- The original and a copy of the passport/Emirates ID of the signatory.
Foreign corporate bodies: the documents will differ according to the nature of the corporate body and its domicile. Accordingly, please consult with the Lead Receiving Bank and the Placement Agent to obtain the list of required documents.
Please read the Prospectus for detailed terms and conditions on the subscription process.
