ADNOC to offer 3.1 billion shares of ADNOC Gas

ADNOC completes $2.84 billion offering of shares in its gas unit
United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion marketed offering in its unit ADNOC Gas.
ADNOC completes $2.84bn offer of shares in gas subsidiary
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,
UAE’s ADNOC to raise up to $3 billion from gas unit stake sale
DUBAI: United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said on Thursday it would raise up to
ADNOC, the UAE's gas company, has completed a $2.84 billion share sale.
Abu Dhabi National Oil Co. (ADNOC), the energy giant of United Arab Emirates, announced early Friday that it had completed a
ADNOC to offer approximately 3.1 billion shares of ADNOC Gas through marketed offering
Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234),
Exceptional investor demand: Adnoc raises $2.84 billion from sale of shares in giant gas subsidiary
The Emirati state giant said on Friday that it has successfully completed the "marketed offering to institutional investors of 3.1 billion ordinary shares in Adnoc Gas.
ADNOC to offer approximately 3.1bln shares of ADNOC Gas through a marketed offering
Offering is expected to increase ADNOC Gas’ free float, enhance liquidity, and provide a clear pathway to MSCI and FTSE indexation
Adnoc Sells $2.84 Billion of Shares in Gas Subsidiary
The move is to increase Adnoc Gas’s free float and paves the way for the subsidiary’s inclusion in share indexes.
ADNOC Gas Raises $2.84 Billion in Landmark Share Offering
DubaiAbu Dhabi National Oil Company has successfully completed a $2.84 billion share offering in its subsidiary, ADNOC Gas. The sale involved approximately 3.1 billion shares, priced at 3.40 dirhams each,
Abu Dhabi’s Adnoc Seeks $2.8 Billion in Gas Unit Stake Sale
Abu Dhabi’s state energy company is seeking to raise as much as 10.4 billion dirhams (US$2.84 billion) from a secondary ...
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Adnoc Drilling Co. plans to tap banks for about $1 billion in financing this year so the unit of the United Arab Emirates’ ...
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ADNOC Gas Delivers Record $2.84 Billion Placement
ADNOC achieved what it said is the biggest placement on the Abu Dhabi exchange, raising about $2.84 billion from issuing 3.1 billion shares in its integrated gas processing arm to institutional ...
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Khaled praises Adnoc’s efforts to set new benchmarks in sustainable growth
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive ...
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Sharjah Sports Club partners with KSQF to support global child protection efforts
Through this collaboration, Sharjah Sports Club will support KSQF’s mission by raising awareness about the Foundation’s ...
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Amarinth upgrades ADNOC Gas pumps with remote bearing temperature monitoring and flush systems
Amarinth has successfully delivered a pump modification project for ADNOC Gas, a major integrated gas processing company based in Abu Dhabi, United Arab Emirates.