Abu 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, ...

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ADNOC announced today it has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of ...

SPA closely follows ADNOC’s successful marketed offering of 3.1 billion shares in ADNOC Gas to institutional investors, boosting liquidity and free float, and providing a pathway to a more diversified ...

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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. Abu Dhabi National Oil ...

Sale of approximately 3.1 billion shares priced at AED3.40 each, representing 4% of ADNOC Gas’ total share capital (the “Offering”) ADNOC retains majority 86% stake in ADNOC Gas and welcomes a new ...

Abu Dhabi National Oil Co. PJSC (ADNOC) achieved Friday 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 ...

Offering was priced at Dh3.40 per share, said parent company Adnoc Abu Dhabi: Abu Dhabi-headquarted energy giant Abu Dhabi National Oil Co (Adnoc) said it has completed a $2.84 billion marketed ...

Abu Dhabi National Oil Co. said it sold $2.84 billion of shares in Adnoc Gas, a move that will increase the subsidiary’s free float and pave the way toward inclusion in share indexes.

ADNOC Gas has continued to deliver consistent growth and profitability as evidenced by the company’s full year 2024 financial results, generating an adjusted net income of $5 billion (the ...