ADNOC to offer 3.1 billion shares of ADNOC Gas

Adnoc Sells $2.84 Billion of Shares in Gas Subsidiary
The move is to increase Adnoc Gas’s free float and paves the way for the subsidiary’s inclusion in share indexes.
ADNOC completes $2.84 billion offering of shares in its gas unit
United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion marketed offering in its unit ADNOC Gas.
Abu Dhabi’s Adnoc Seeks $2.8 Billion in Gas Unit Stake Sale
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its gas business.
ADNOC completes $2.84bn offer of shares in gas subsidiary
Abu Dhabi National Oil Company (ADNOC) has completed its marketed offering of ADNOC Gas shares, raising gross proceeds of around $2.84bn (Dh10.43bn). The offering involved 3.1 billion ordinary shares,
ADNOC Closes $2.84 Billion Share Sale in Gas Unit
ADNOC has finalized a $2.84 billion share sale in its gas unit, marking the largest share placement in the Middle East and North Africa since Aramco's secondary offering and furthering ADNOC's strategic objectives for diversification and market liquidity.
Exceptional investor demand: Adnoc raises $2.84 billion from sale of shares in giant gas subsidiary
The Emirati state giant said on Friday that it has successfully completed the "marketed offering to institutional investors of 3.1 billion ordinary shares in Adnoc Gas.
ADNOC collects $2.84bn through 4% stake sale in ADNOC Gas
ADNOC is the current majority shareholder of 90 per cent of the ordinary shares in ADNOC Gas and will retain 86 per cent stake once the offer is completed.
ADNOC completes $2.84bn offering of ADNOC Gas shares
Abu Dhabi National Oil Company (ADNOC) has announced the final offer price and completion of the offering to institutional investors of 3.1 billion ordinary shares in ADNOC Gas.
ADNOC Gas Raises $2.84 Billion in Landmark Share Offering
DubaiAbu Dhabi National Oil Company has successfully completed a $2.84 billion share offering in its subsidiary, ADNOC Gas. The sale involved approximately 3.1 billion shares, priced at 3.40 dirhams each,
Adnoc raises $2.8bn from Adnoc Gas offering on strong institutional investor demand
Abu Dhabi's Adnoc raised about Dh10.4 billion ($2.84 billion) from the sale of 3.1 billion shares in Adnoc Gas on “exceptional” demand from Gulf and international institutional investors. The marketed offering,
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ADNOC Gas Delivers Record $2.84 Billion Placement
ADNOC achieved what it said is the biggest placement on the Abu Dhabi exchange, raising about $2.84 billion from issuing 3.1 billion shares in its integrated gas processing arm to institutional ...
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Oversubscribed Adnoc Gas block ends busy week for Middle East ECM
Abu Dhabi National Oil Co’s sale of a $2.84bn block of shares in Adnoc Gas, the largest equity capital markets deal in the ...
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Abu Dhabi's ADNOC to Boost Liquidity of Gas Business
ADNOC has launched a share offering of 4% of its ADNOC Gas business to boost liquidity and the free float of its gas unit.
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UAE's ADNOC completes $2.84 billion offering of shares in its gas unit
DUBAI, Feb 21 (Reuters) - United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion marketed offering in its ADNOC Gas unit (ADNOCGAS.AD ...
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Hazza bin Zayed receives MoIAT, ADNOC delegation; reviews development initiatives in Al Ain Region
H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler's Representative in Al Ain Region, has received a delegation from the Ministry ...
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Khaled praises Adnoc’s efforts to set new benchmarks in sustainable growth
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive ...