L'IMAD Holding submits cash offer to acquire AD Ports Group shares

18/08/2026 03:13 AST

AD Ports Group today announced that it has received a notification from L'IMAD Holding Company of its intention to submit a voluntary conditional cash offer, through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ), to acquire up to 100% of the issued and paid-up share capital of Abu Dhabi Ports Company (AD Ports Group) not already held by ADQ.

AD Ports Group is a leading global facilitator of trade, logistics, and industry and L'IMAD Holding is a sovereign investor of the Government of Abu Dhabi.

L'IMAD, through ADQ, currently owns 75.42% of AD Ports Group.

through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ),

As indicated in the appended announcement L'IMAD, through ADQ, intends to offer AED6.25 per share, which represents a:

* 23% premium to last share price close of AED5.10 per share as of August 14, 2026

* 25% premium to 1-month Volume Weighted Average Price (VWAP) of AED 5.02 per share

* 31% premium to 3-month VWAP of AED 4.76 per share

* 95% premium over AD Ports Group's listing price on ADX on 8th February 2022 of AED 3.20 per share

This matter will be presented to the group's Board of Directors and the required procedures will be followed in accordance with the decision of the Chairman of the Board of Directors of the Capital Market Authority regarding the Rules of Acquisition and Merger of Public Joint Stock Companies.

AD Ports Group will make further announcements with respect to any material developments in the matter in due course, it said.

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