Abu Dhabi Commercial Bank PJSC (ADCB) announced today the successful completion of its AED6.1 billion rights issue, following the close of the subscription period on 4 December 2025.
The transaction drew exceptional demand, with total funded commitments surpassing AED12 billion from UAE, regional, and international investors.
Mubadala Investment Company, ADCB’s majority shareholder, fully subscribed to its proportional entitlement of new shares, providing anchor support and contributing to the transaction’s success.
The remaining shares were oversubscribed by more than three times by other shareholders, highlighting strong investor confidence in ADCB’s strategy and growth prospects.
Unsubscribed shares will be allocated on a pro-rata basis to shareholders who applied for additional shares, in line with the methodology outlined in the Invitation to Shareholders.
This landmark transaction marks the largest-ever rights issue by a company with a primary listing on the Abu Dhabi Securities Exchange (ADX), further cementing ADCB’s position as a leading financial institution in the region.
ADCB acted as sole lead manager, sole bookrunner, and sole receiving bank, showcasing the Bank’s deep expertise in equity capital markets and its capability to execute large-scale transactions.
Ala’a Eraiqat, Group Chief Executive Officer of ADCB, said, “I would like to thank our shareholders for their full endorsement of ADCB. The strong demand for this rights issue reflects confidence in our strategy and proven execution, as ADCB continues to play a central role in the UAE’s economic transformation. We now move into an ambitious phase of technology-driven growth, creating further long-term value for our shareholders, customers and the wider economy.”
(Inputs from WAM)
