AD Ports OKs ADQ's takeover of remaining shares in AD Ports Company

 Logo of AD Ports Group

AD Ports Group shareholders approved on Wednesday the compulsory acquisition by Abu Dhabi Developmental Holding Co. (ADQ), a wholly owned subsidiary of L’imad Holding Company PJSC, of all remaining shares in Abu Dhabi Ports Co. that ADQ does not already own.

Shareholders also authorised ADQ and the company’s Board of Directors to delist the company and its shares from the Abu Dhabi Securities Exchange should ADQ become its sole shareholder.

On Aug. 18, 2026, ADQ launched a voluntary conditional cash offer to acquire all shares in Abu Dhabi Ports Company PJSC it did not already own, at AED 6.25 per share. Its stake subsequently reached 98.93% of the company’s share capital, exceeding the threshold of 90% plus one share.

On Aug, 18, ADQ submitted a voluntary conditional cash offer to acquire up to 100% of the issued and paid-up share capital of AD Ports Group that it does not already own, at an offer price of AED 6.25 per share. Its ownership in the company has reached 98.93% of the share capital, surpassing the threshold of 90% plus one share.

AD Ports Group – Shareholders' meeting results