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”)