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ADNOC Logistics & Companies turned the fourth ADNOC Group firm to enter the MSCI Rising Markets Index, efficient 25 November this yr.
MSCI EM Index is the main benchmark for institutional buyers monitoring giant and mid-cap corporations throughout 24 rising market nations.
ADNOC L&S beneficial properties MSCI inclusion
In line with estimates, inclusion within the MSCI Rising Market Index is anticipated to draw over US$200 million in passive capital inflows.
The opposite ADNOC Group corporations which are a part of the MSCI Rising Markets Index are ADNOC Distribution, ADNOC Drilling, and ADNOC Fuel.
The inclusion was made potential after ADNOC’s profitable US$317 million secondary providing in August, which raised the corporate’s free float to roughly 22 per cent and quadrupled common day by day buying and selling volumes.
The providing was priced at AED5.25 per share, reflecting the tightest low cost of three.33 per cent for a secondary sell-down within the area. It was nonetheless oversubscribed roughly seven instances, one of many highest ranges recorded for a regional secondary providing and mirrored robust investor confidence in ADNOC L&S’s strategic course, monetary resilience, and long-term progress outlook.
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, commented: “Our inclusion within the MSCI Rising Markets Index is a robust endorsement of ADNOC L&S’ transformation right into a globally recognised, power maritime logistics champion.
“This milestone displays rising investor confidence, enhances entry to worldwide capital, and helps our technique to scale operations, unlock diversified income streams, and ship superior, long-term shareholder returns.”
ADNOC L&S presently has 23 newbuild vessels underneath building, with deliveries scheduled by means of 2028. This enlargement is projected to generate over US$10 billion in long-term income. Along with over US$26 billion in long-term contracted income, the corporate provides robust future earnings visibility underpinned by ADNOC’s built-in worth chain and world progress.
For 2025, ADNOC L&S has introduced full-year dividend steerage of US$325 million, practically 20 per cent greater than 2024. The corporate is focusing on cumulative dividends of US$2.2 billion by 2030.
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