Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC” or the “Selling Shareholder”), today announces the final offer price (the “Final Offer Price”) for the shares offered by it in connection with the initial public offering (the “IPO” or “Offering”) and l
Abu Dhabi National Oil Company on Wednesday announced the final offer price for the initial public offering (IPO) Adnoc of Logistics & Services. of Dh2.01 ..
The price range for the Offering has been set between Dhs1.99 to Dhs2.01 per share, implying an equity value of $4.01 billion to $4.05 billion (Dhs14.7 billion to Dhs14.9 billion).
ADNOC Logistics & Services plc (the “Company” or “ADNOC L&S”) confirms its intention to offer 1,109,774,817 ordinary shares, representing 15 per cent of the total issued share capital of the Company, in an initial public offering (“IPO” or the “Offering”)