Abu dhabi: The executive team of the newly formed 2PointZero Group today announced their intention to propose the adoption of a dividend policy starting in 2027 to its Board of Directors. This announcement comes ahead of the completion of Multiply Group's strategic acquisition of 2PointZero and Ghitha Holding, which is still awaiting regulatory approvals.
According to Emirates News Agency, the creation of 2PointZero Group is set to become one of Abu Dhabi's largest listed mergers, forming an investment platform across the energy and consumer sectors. With a combined asset base of approximately AED120 billion, the Group will operate in over 85 countries. It maintains a well-balanced portfolio designed to perform resiliently across various market cycles.
Multiply Group GCEO and Managing Director, Samia Bouazza, who has been appointed CEO of 2PointZero Group, expressed a commitment to delivering sustained, long-term value for shareholders. Bouazza revealed a target of a 35 percent increase in net income for 2026, excluding fair value movement, driven by stronger operating performance and deeper integration within the Group.
Bouazza also emphasized the importance of a proposed dividend policy that rewards shareholders while supporting the Group's disciplined expansion. The Group's balance sheet includes AED10 billion in cash, AED31.5 billion in listed equity positions, and a healthy debt-to-equity ratio of 0.25x1, providing a strategic advantage.
The proposed dividend policy aligns with the Group's strategy for value creation, balancing stable returns with reinvestment in high-growth sectors. 2PointZero Group will focus on leveraging vertical integration, cross-sector synergies, operational excellence through AI, and access to significant growth opportunities for superior performance and value creation.
Once the transaction is complete and regulatory approvals are secured, 2PointZero Group will enjoy a 39 percent free float. This is expected to enhance stock liquidity, broaden institutional participation, and increase the Group's presence in key global and local benchmarks, including the MSCI Emerging Markets Index, FTSE ADX General Index, and FADX 15.
The proposed dividend policy will be formalized for Board consideration following the establishment of 2PointZero Group.