Insert the shares of “Alpha Data” in “Abu Dhabi Securities”

Today, the Abu Dhabi Securities Market witnessed the inclusion of the shares of “Alpha Data”, one of the leading companies in providing solutions and services of digital transformation and the integration of systems in the UAE, as this is the first first public subscription in the UAE and the second offering in the Abu Dhabi market during the year 2025. The market stated in a statement today, that the “Alpha Data” attracted local, regional and international investors, where the company launched 400 million shares Normal, which represents 40% of the company’s source capital.
The final price of the shares of the initial offering of “Alpha Data” was determined at 1.50 dirhams per share, that is, at the upper price of the announced price. The subscription exceeded the target value with a dual number, which raised the outcome of the offering revenues to 600 million dirhams, while the company’s market value at the list amounted to about 1.5 billion dirhams.
The CEO of the Abu Dhabi Securities Market Group, Abdullah Salem Al -Nuaimi, said: “The inclusion of (Alpha Data) is in line with the efforts of the Abu Dhabi Securities Market Group in enabling the leading companies to advance the wheel of innovation and support the economic transformation in Abu Dhabi.” He added: «Based on our position as one of the main possibilities for sustainable growth and the development of the money market in the region, we will continue to support private companies in order to achieve their ambitions to grow through the Abu Dhabi Stock Exchange platform.
For his part, Fayez Albini, the founder and chief executive of Alpha Data, said: “We are proud to join the Abu Dhabi Securities Market, and to shift from a local family company in the Emirates to general after the initial public offering and the strong demand that we have witnessed.” He added, “This inclusion is a milestone in the record of our accomplishments, which we started 40 years ago, during which we worked to support our growth and enhance innovation.”
In addition, today, EV Hermes, the investment bank of the EFG Holding Group, announced that the promotion and subscription coverage sector has succeeded in completing the advisory services for the first public offering deal of Alpha Data, at a value of $ 163 million in the Abu Dhabi Securities Market. The subscription process witnessed the “Alpha Data” company launched 40% of its total capital by selling 400 million of its current regular shares, at a value of 1.5 dirhams per share, as the market value amounted to 1.5 billion dirhams (408 million US dollars). The deal has also received a great turnout by investors on the local, regional and international scene alike, and the subscription coverage rate was more than 10 times the offered shares. The shares of the company began today under the “alphadata” symbol.
In this context, Karim Malika, the co -head of the IFF Hermes E subscription and subscription sector, added that the successful completion of the initial public offering of Alpha Data reflects the increasing demand of investors on the companies working in the field of technology in the region and highlights the opportunities that the Abu Dhabi Market is evoked as a strategic center for innovative companies that have unique expansion plans.
Malika pointed to the market confidence in the flexible business model and the future growth strategy of Alpha Data, which was reflected in the strong demand for shares from the various investor base. Malika also praised the ability of the EF V Hermes to attract investors at the local, regional and international levels of this deal, which confirms his pioneering position in implementing the most prominent transactions that provide strategic capital for companies that have promising growth ingredients, and thus contribute to the rapid development of regional capital markets.