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Adnoc Distribution included in FTSE Emerging Markets Index

Adnoc Distribution included in FTSE Emerging Markets Index
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Investegate |Esken Limited Announcements | Esken Limited: Proposed Firm Placing and Open Offer

Investegate |Esken Limited Announcements | Esken Limited: Proposed Firm Placing and Open Offer
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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

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 opportunities and environment provided by ADNOC, Abu Dhabi and the UAE Abu Dhabi National Oil Company (“ADNOC”), announced today the successful closing of its offering of approximately 375 million shares in ADNOC Distribution (the “Share Offering”), representing approximately 3% of the registered share capital of ADNOC Distribution. It also issued approximately USD 1.195 billion of

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