ADNOC Gas plc announcement of intention to float on the Abu Ahabi Securities Exchange

ADNOC Gas plc announcement of intention to float on the Abu Ahabi Securities Exchange

ADNOC Gas plc (the “Company” or “ADNOC Gas”), the world-class integrated gas processing company, today announces its intention to proceed with an initial public offering (the “IPO” or the “Offering”) of 3,070,056,880 of its shares and to admit its shares for listing and trading (“Admission”) on the Abu Dhabi Securities Exchange (“ADX”).

ADNOC intends to offer approximately 4% of ADNOC Gas’ issued share capital in the Offering: (i) as part of the UAE Retail Offering, to: (a) individuals and other investors in the UAE; (b) employees of ADNOC group companies residing in the UAE; and (c) UAE national retirees of ADNOC group companies residing in the UAE; and (ii) as part of the Qualified Investor Offering, to qualified institutional and other investors. The Selling Shareholder retains the right to amend the size of the Offering at any time before pricing of the Offering, subject to the applicable laws of the UAE and the approval of the SCA.

The Company is registered as a public company limited by shares incorporated in the Abu Dhabi Global Market (the “ADGM”) and is subject to the ADGM Companies Regulations 2020 (as amended).

OFFERING HIGHLIGHTS

Subject to market conditions and obtaining relevant regulatory approvals in the UAE, including the