Structuring the Brooge buyoutThe acquisition will be settled through a combination of cash, newly issued shares, and Mandatory Convertible Bonds (MCBs).Issuance of 358.84 million new shares to Brooge Energy Ltd. at Dh1.25 per share, with a one-year lock-up period.Issuance of MCBs of Dh2.33 billion to BEL, convertible at Dh1.25 per share, with a one-year lock-up period post-conversion.Issuance of MCBs of Dh500 million at AED 1.10 per share, ‘exclusively allocated’ to existing Gulf Navigation shareholders, with major shareholders subscribing to any remaining bonds not taken up by minority investors....