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.
Abu Dhabi’s Adnoc Seeks $2.8 Billion in Gas Unit Stake Sale
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its gas business.
ADNOC completes $2.84bn offering of ADNOC Gas shares
Abu Dhabi National Oil Company (ADNOC) has announced the final offer price and completion of the offering to institutional investors of 3.1 billion ordinary shares in ADNOC Gas.
UAE's ADNOC completes $2.84bln offering of shares in its gas unit
DUBAI - 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 ADNOC Gas unit. The offering was priced at 3.40 dirhams per share, ADNOC added in a statement.
UAE: Adnoc to offer 3.1 billion shares of Adnoc Gas through marketed offering
Abu Dhabi National Oil Company, the current majority shareholder of 90% of the ordinary shares in Adnoc Gas plc, on Thursday announced its intention to offer approximately 3.1 billion shares through a Marketed Offering.
Abu Dhabi's ADNOC to Boost Liquidity of Gas Business
ADNOC has launched a share offering of 4% of its ADNOC Gas business to boost liquidity and the free float of its gas unit.
Abu Dhabi energy company ADNOC inks $7B+ gas deal with India
The producer signed a 14-year deal with Indian Oil Corp. for up to 1.2 million tons annually to help meet growing gas demand in India.
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,
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,
Adnoc raises $2.8bn from Adnoc Gas offering on strong institutional investor demand
Abu Dhabi's Adnoc raised about Dh10.4 billion ($2.84 billion) from the sale of 3.1 billion shares in Adnoc Gas on “exceptional” demand from Gulf and international institutional investors. The marketed offering,
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Oversubscribed Adnoc Gas block ends busy week for Middle East ECM
Abu Dhabi National Oil Co’s sale of a $2.84bn block of shares in Adnoc Gas, the largest equity capital markets deal in the ...
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Dubai index fell on Friday, as investors continued to encash on the profits gained in previous sessions, while Abu Dhabi closed marginally lower.
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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 ...
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UAE energy giant ADNOC to inaugurate new state-of-the-art service station in New Cairo in 2025
UAE’s energy giant ADNOC Distribution plans to open a new state-of-the-art service station in New Cairo in 2025, featuring an ...
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ADNOC Distribution and TotalEnergies Mark Two-Year Anniversary of TEME Joint Venture in Egypt
ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST) and TotalEnergies are celebrating two years of successful ...