AD Ports Group has announced the results of ADQ’s voluntary conditional cash offer to acquire shares in the company that ADQ does not already own.
As of the close of business on September 15, 2026, ADQ had received acceptances representing more than 23.08% of AD Ports Group’s issued and paid-up share capital. ADQ already owned 75.42% of the company before the offer.
The cash offer was made at AED 6.25 per share and sought to acquire up to 100% of AD Ports Group’s issued share capital not already owned by ADQ.
The disclosure states that all key conditions of the offer have been satisfied, except for customary notifications required to be submitted to the Capital Market Authority and Abu Dhabi Securities Exchange.
Settlement of the offer, including payment of the offer price and transfer of the acquired shares to ADQ, is expected to take place no later than October 9, 2026.
ADQ is a wholly owned subsidiary of L’IMAD Holding Company.
Source: AD Ports Group
Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or legal advice.
