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Adnoc Distribution included in FTSE Emerging Markets Index

Adnoc Distribution included in FTSE Emerging Markets Index
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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 ....

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