WebMar 3, 2024 · Adnoc raised about Dh9.1 billion ($2.5 billion) from the sale of a 5 per cent stake in its gas business, marking the year's largest initial public offering after the Middle East registered 48 listings in 2024.. The company sold more than 3.8 billion shares, with the IPO drawing strong demand from institutional and retail investors, and generating more … WebSep 6, 2024 · ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).
ADNOC Distribution shares up 16% on first day of trading
WebFeb 17, 2024 · How To Subscribe The steps you need to take to subscribe to the ADNOC Gas IPO Recieving Banks +971 2 616 1800 www.bankfab.com Learn More 600 502 030 … WebSep 13, 2024 · The listing of Adnoc Drilling's shares will raise the free float market cap of the ADX by $750m and add $10bn to the market cap, equivalent to 2.6 per cent of the total market cap of ADX, Jaap Meijer, managing director, head of equity research at Arqaam Capital, said last week.. The ADX has outperformed the regional markets, rising more than … how far is merritt island from orlando
Adnoc Drilling set to raise up to $751m from Abu Dhabi listing
WebOct 3, 2024 · ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) on the Abu Dhabi Securities Exchange (“ADX”). This initial public offering (“IPO”) will raise over $1.1 billion, making the ADNOC Drilling IPO the largest-ever ADX listing to date and will also be the first issuance on the newly inaugurated ADX premises. WebFeb 23, 2024 · The subscription period has opened and will run through to Wednesday (March 1) for the UAE retail offering. (ADNOC Gas could increase the size of the offer if … WebSep 13, 2024 · Adnoc Drilling set the price for its listing at 2.30 dirhams per share, implying an equity value of $10 billion, according to a statement. The offering will represent 1.2 billion shares, or 7.5% ... high blood pressure medical emergency