BHM Capital Doubles Share Capital to AED 400M in Oversubscribed Rights Issue
▼ Summary
– BHM Capital increased its capital by AED 200 million through new share issuance, bringing total capital to AED 400 million.
– The capital raise was approved unanimously by the General Assembly in April 2025 and involved issuing 200 million shares at AED 1 each.
– The funds will strengthen liquidity and support strategic growth, including investments in technology and regional expansion.
– Company leadership stated the success reflects shareholder confidence and reinforces BHM’s position as a leading regional financial institution.
– The capital increase aims to deliver sustainable value and attractive returns to shareholders over the next three years.
BHM Capital Financial Services has successfully doubled its share capital to AED 400 million following a heavily oversubscribed rights issue. The Dubai-based financial services provider raised an additional AED 200 million through the issuance of new shares, which attracted strong interest from existing shareholders, with demand exceeding the number of shares made available.
This strategic move was approved during the company’s General Assembly meeting held in April 2025. The resolution authorized the issuance of 200 million new shares, each with a nominal value of AED 1. The capital increase is a central part of BHM Capital’s broader growth strategy, aimed at enhancing liquidity and funding investments in advanced technologies, digital transformation, and artificial intelligence. The firm also plans to use the proceeds to support its expansion into key regional markets, reinforcing its long-term vision for sustainable growth and shareholder returns over the coming years.
His Excellency Sheikh Dr. Ammar Nasser Almualla, Chairman of BHM Capital, remarked that the successful capital raise underscores the strong confidence shareholders have in the company’s direction. He emphasized that this milestone not only solidifies the firm’s financial standing but also strengthens its role as a leading financial institution in the region.
Echoing this sentiment, Chief Executive Officer Mr. Abdel Hadi Al Sa’di highlighted that the overwhelming response from shareholders reaffirms their trust in the company’s strategic plans and consistent performance. He noted that the newly raised capital will enable BHM Capital to accelerate its investments in technology and market expansion, laying a robust foundation for continued growth and value creation.
With this significant capital injection, BHM Capital is poised to enter a new chapter of development, supported by a reinforced financial base and a clear strategic roadmap. The company remains committed to its position as a regional leader in financial services, contributing to the evolution of capital markets while prioritizing sustainable, long-term returns for its investors.
(Source: MEA Tech Watch)
