ABU DHABI (ALETIHAD)

The executive team of the newly created 2PointZero Group—formed through the merger of Multiply Group, 2PointZero, and Ghitha Holding—has announced plans to propose the adoption of a dividend policy starting in 2027, according to a company statement.

The unified group, expected to become one of Abu Dhabi’s largest listed mergers once regulatory approvals are completed, will create an investment platform with combined assets of about Dh120 billion and operations across more than 85 countries.

Samia Bouazza, Group CEO and Managing Director of Multiply Group — who will serve as CEO of 2PointZero Group — said the company’s goal was to “deliver sustained, compounding long-term value for our shareholders.”

“For 2026, we are targeting a 35% increase in net income, excluding fair value movement, supported by stronger operating performance across our verticals and deeper integration within the Group,” Bouazza said.

She added that the company would present the proposed dividend policy to the Board to ensure its capital allocation framework “rewards shareholders while supporting disciplined expansion”.

Bouazza said the Group maintains Dh10 billion in cash, backed by Dh31.5 billion in listed equity positions, and a debt-to-equity ratio of 0.25x, giving it the capacity “to pursue strategic global acquisitions at scale, while maintaining consistent and attractive shareholder distributions.”

According to the statement, the proposed dividend policy reflects the Group’s combined financial strength and value creation strategy, balancing stable shareholder returns with reinvestment in high-growth sectors.

Upon completion of the merger, which is subject to regulatory approvals, 2PointZero Group will have a 39% free float, significantly enhancing stock liquidity, attracting broader institutional participation, and raising its weighting in key global and local indices, including the MSCI Emerging Markets Index, FTSE ADX General Index, and FADX 15.

The company said the proposed dividend policy will be formalised for Board consideration following the Group’s establishment.