ADNOC to offer 3.1 billion shares of ADNOC Gas

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.
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 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 $2.84bn 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 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,
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 ...
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