ADNOC has announced its intention to offer approximately 880 million shares, equating to about 5.5% of ADNOC Drilling's issued share capital, 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.
Abu Dhabi National Oil Company (Adnoc) announced on Thursday that it has successfully completed a placement to institutional investors of 880 million share..