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News | May 26, 2021 ADNOC Raises USD 1.64 Billion Through Successful Combined Offering Of ADNOC Distribution Shares And Issuance Of Exchangeable Bonds Attracting Foreign Direct Investment Into The UAE Innovative share and exchangeable bond structure maximizes value to ADNOC and fulfils commitment at time of IPO to increase the free float of ADNOC Distribution Combined offering attracted new institutional investors and Foreign Direct Investment (“FDI”) into the UAE Success of combined offering, the first of its kind in the GCC, reinforces the attractive investment ...

Thursday, 27 May, 2021 - 10:00 Logos of ADNOC (Reuters) Abu Dhabi - Asharq Al-Awsat Abu Dhabi National Oil Company announced the successful closing of its offering of approximately 375 million shares in ADNOC Distribution, approximately 3 percent of the registered share capital of ADNOC Distribution. The securities referred to herein may not be offered or sold in the United States unless registered under the US Securities Act of 1933, as amended, or offered in a transaction exempt from, or not subject to, the registration requir...

ADNOC Abu Dhabi National Oil : Raises USD 1.64 Billion Through Successful Combined Offering of Distribution Shares and Issuance of Exchangeable Bonds Attracting Foreign Direct Investment into the UAE 05/26/2021 | 02:37pm EDT Send by mail : Message : Required fields ADNOC Raises USD 1.64 Billion Through Successful Combined Offering of ADNOC Distribution Shares and Issuance of Exchangeable Bonds Attracting Foreign Direct Investment into the UAE Innovative share and exchangeable bond structure maximizes value to ADNOC and fulfils commitment at time of IPO to increase the free floa...

Adnoc considers to offer around 375m shares in distribution unit 26 May 2021 The sale supports Adnoc’s commitment to increase the free float in Adnoc Distribution following the company’s IPO in December 2017. Abu Dhabi National Oil Company (Adnoc) together with its subsidiaries, the Adnoc Group, the current holder of 80 per cent of the common shares in Abu Dhabi National Oil Company for Distribution (Adnoc Distribution), announced on Wednesday its intention to offer approximately 375 million shares (the Shares). The shares correspond to approximately three per c...