Abu Dhabi National Oil Company, the current majority shareholder of 84% of ordinary shares in Adnoc Drilling, is set to offer 880 million shares corresponding to 5.5% of issued and outstanding share capital of Adnoc Drilling through a bookbuild offering.
Adnoc Drilling Company has placed 880 million shares to institutional investors, raising its free float to 16.5 per cent and representing 5.5 per cent of the company s total issued and outstanding share capital.
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Adnoc Drilling Company has placed 880 million shares to institutional investors, raising its free float to 16.5 per cent and representing 5.5 per cent of the company s total issued and outstanding share capital.
Adnoc completes $935 million institutional placement wn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wn.com Daily Mail and Mail on Sunday newspapers.