The Abu Dhabi Securities Exchange announced the listing and start of trading on the shares of ADNOC Gas PLC, within the first market, the first category, next Monday, March 13th.
ADNOC Gas PLC offered 3,837,571,100 ordinary shares; This is equivalent to regarding 5% of the company’s total issued capital.
Assuming that all shares in the offering are sold, this means that the value of the offering will be approximately from $2.4 billion to $2.5 billion (8.6 billion dirhams to 9.3 billion dirhams).
