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Emirates News Agency - ADNOC Gas announces final offer price, record demand for IPO upon conclusion of bookbuilding

ABU DHABI, 3rd March, 2023 (WAM) ADNOC Gas today announced the final offer price for the shares offered by Abu Dhabi National Oil Company (ADNOC or the Selling Shareholder) in connection with ADNOC Gas’s initial public offering (IPO or Offering) and listing on the ADX, following the successful conclusion of the bookbuild and public subscription process. The final offer price for the shares in ADNOC Gas offered by ADNOC via the Offering has been set at AED2.37 per share, implying a market capitalisation (at. ....

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