Overview

• Multiply Group will issue about 23.36 billion new shares to acquire 21.60 billion 2PointZero shares and 1.77 billion Ghitha shares from IHC-related entities.
• Multiply’s share capital will increase from AED2.8 billion to AED8.64 billion, resulting in 34.56 billion shares outstanding upon completion.
• The merged platform, to trade as 2PointZero Group on the Abu Dhabi Securities Exchange, is valued at approximately AED120 billion.
• The company will concentrate on energy and consumer sectors, leveraging AI, energy transition and food-security assets, with holdings cited including Lunate, TAQA and Kalyon Enerji.
• IHC and the companies guide to closing by mid-November 2025 subject to shareholder and regulatory approvals, with a portfolio spanning operations in more than 85 countries.