The move is to increase Adnoc Gas’s free float and paves the way for the subsidiary’s inclusion in share indexes.
United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion ...
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its ...
Dubai Abu Dhabi National Oil Company has successfully completed a $2.84 billion share offering in its subsidiary, ADN ...
Shares have continued to rise since with annual results published earlier this month showing record net income of $5bn helping shares rise nearly 7% in February ...
Dubai Abu Dhabi National Oil Company has announced plans to sell approximately 3.1 billion shares, equating to a 4% s ...
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn (Dh10.43bn). The offering involved 3.1 billion ordinary shares, ...
Abu Dhabi National Oil Company (ADNOC) announced today the final offer price and successful completion of the marketed ...
ADNOC has launched a share offering of 4% of its ADNOC Gas business to boost liquidity and the free float of its gas unit.
The Emirati state giant said on Friday that it has successfully completed the "marketed offering to institutional investors ...
Transaction witnessed exceptional investor demand in first-ever marketed offering of shares in the UAE and largest placement ...
ADNOC is the current majority shareholder of 90 per cent of the ordinary shares in ADNOC Gas and will retain 86 per cent ...