Essentially is the holding company of the first cold pressed juice manufacturing company using a non-thermal pasteurisation method in the UAE. The company is seeking to expand its operations to Riyad, Saudi Arabia in the near future.
Alfred Henry advised Essentially in connection with its subscription and admission, in March 2023, to the Access segment of the Aquis Stock Exchange. In this particular transaction, Alfred Henry advised on the structure of the Group, analysed and discussed Essentially’s valuation, made recommendations as to Essentially’s Board composition, liaised extensively with Essentially’s legal advisors in the UK and the UAE in relation to the due diligence on the operating company and Essentially’s reporting accountant in relation to the working capital report. Alfred Henry was coordinating answers to any queries raised by the Aquis Stock Exchange. Meetings with the Aquis regulatory team were also organised.
Essentially has retained Alfred Henry as its corporate advisor going forward to assist the company in fulfilling the obligations that come with being listed on the Aquis Stock Exchange.
Essentially is the first UAE based business to list on the Aquis Stock Exchange and another example of Alfred Henry’s experience of listing international operating businesses on London based stock exchanges.