TNI to List on Abu Dhabi Securities Exchange (ADX) as a Private Joint Stock Company

Abu Dhabi, 23 November 2014 – TNI, an Abu Dhabi based privately-owned investment management and advisory company has announced that it will be listing its shares for trading on the Abu Dhabi Securities Exchange as a private joint stock company on November 25, 2014. The move establishes it as one of the first to take advantage of the recently enacted directive of the Securities and Commodities Authority (SCA), which allows private companies to be traded on the ADX exchange.

“Since inception we have embraced a culture of strong corporate governance, risk management and transparency, which has earned us respect from our peers and stakeholders. TNI’s listing reinforces our commitment to maintaining the highest corporate governance standards, and will further promote the TNI franchise built on the principles of integrity and professional excellence,” said Abdullah Mazrui, Chairman of TNI.

TNI’s principal investments track record includes national champions, such as Aldar Properties PJSC, Depa Limited, and National Central Cooling Company PJSC (Tabreed) among others. Today, TNI’s investments portfolio includes Colliers International, a leading real estate advisory firm, Mafraq Hotel, a 4-star hotel property on the outskirts of Abu Dhabi, Knightsbridge Global Security, a leading security services provider, L’azurde, one of the largest gold manufacturers globally, and Dubai Contracting Company, a leading contracting company focusing on residential, commercial and mixed-use developments, among others.

“We are delighted to welcome TNI on the ADX growing list of companies,” said Rashed Al Baloushi, CEO of ADX. “TNI’s solid reputation built over two decades of professional and transparent services offered to a substantial client base that includes listed and privately owned companies, financial institutions and high net-worth individuals, makes it an ideal addition to our listing.”

TNI’s asset management practice manages three funds, including TNI UAE Blue Chip Fund, TNI MENA UCITS Fund and TNI MENA Hedge Fund. These funds are targeted at international and local institutional and sophisticated high net-worth individual investors. TNI asset management has a rigorous investment process coupled with strong buy-side research capabilities, which positions it as one of the leading fund managers in the UAE.

“SCA’s initiative to allow listing of private companies is a significant step towards the development of the UAE capital markets.TNI, with its strong corporate governance framework and proven track record, will bring further diversity to the ADX exchange,” added Yasser Geissah, CEO of TNI.

With offices in Abu Dhabi and Dubai International Financial Centre (DIFC), TNI provides investment banking and investment management advisory services. Founded in 1994, TNI is built around three strategic businesses: Merchant Banking, Asset Management and Principal Investments.

For more information, please contact Ajith Mathew at +971 2 6192366.