"ADNOC" It intends to offer a share of 222 million shares of capital shares "ADNOC Supply and Services" through "Building a command record"
Abu Dhabi, August 28 / WAM / The Abu Dhabi National Oil Company “ADNOC” announced today as “ADNOC” today as a shareholder of the majority share of 81% of the regular shares of ADNOC Supply and Services Company B.S. ADNOC Supply and Services or “The Company”, whose shares are traded in the Abu Dhabi Securities Market under the symbol “ADNOCLS” and the international definition number “AE01268a239” .. About its intention to offer up to 222 million ordinary shares “shares”, which represents approximately 3% of the exported and trading capital of ADNOC supply and services company During the process of building the orders record directed to a specific group of qualified investment institutions, in line with the text of Al -Qaeda No. 144A and legislation S of the US Securities Law of 1933 and its amendments to the “American Securities Law”.
The offering will be available only for professional investors “according to the definition approved by the Securities and Commodities Authority in the United Arab Emirates” within the UAE and international investment institutions, and the offering will not be available to the public in the UAE or any other country.
It is planned that the process of building the command record will start immediately, and it is expected to end before the opening of the market on August 29, 2025, unless the process is accelerated and closed earlier. The final number of shares that will be offered and the price of the offering will be determined at the end of the command of the command record.
It is expected that the final conditions for the offering will be announced as soon as this process is completed, and the shares of the shares offered on September 03, 2025 are expected to be announced or close to it.
This “ADNOC” proposal will be able to sell an additional stake in the “ADNOC Supply and Services Company” with the aim of enhancing liquidity, circulating its regular shares and diversifying its shareholders.
It is expected that the high percentage of free shares traded will contribute to providing the path to include the company’s shares within the Morgan Stanley Capital International “MSCI” for emerging markets, which may happen during the upcoming quarterly review in the event that ADNOC supplies supply and services will be fulfilled for all relevant listing standards.
In the event that the shares of ADNOC Supply and Services Company are included within the “MSCI” index, this will be positively reflected in diversifying the base of its investors and enhancing the level of awareness of local and international investors in its position and distinctive investment value as a leading company in the field of marine logistical services for the world’s energy sector.
The “ADNOC Supply and Services Company” during the second quarter of 2025 achieved record operational and financial results, as its revenues and profits grew before deducting benefits, taxes, destruction, consumption by 40% and 31%, respectively, on an annual basis, outperforming market expectations.
The integrated logistical services sector has achieved strong growth even in markets with weak economic conditions, which reflects the value of the diversity strategy adopted by the company as well as the strength of the flexibility of its business model.
In line with this strong momentum, the company has updated its directives for 2025, in a clear indication of its confidence in its ability to create the investment value of the long -term shareholders.
The shares of “ADNOC”, as the owner of the majority share, are subject to sale in the “ADNOC Supply and Services” through the process of building a command record for a 6 -month trading period starting from the date of the settlement, taking into account all the accepted exceptions.
Abu Dhabi First Bank was appointed by the GPM Morgan Securities PC and International Securities LLC. Boci Asia Ltd. and China International Capital International, Hong Kong Securities Limited “CICC” as joint global coordinators and subscriber orders registry managers.
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