ADQ’s AD Ports offer clears key conditions, settlement due by October 9

ADQ’s Dh6.25-a-share AD Ports offer clears key conditions ahead of October settlement

Last updated: September 08, 2026 | 08:53

Nivetha Dayanand, Assistant Business Editor

1 MIN READ

ADQ’s AD Ports offer clears key conditions, settlement due by October 9

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Dubai: All key conditions attached to ADQ’s voluntary cash offer for the remaining shares in AD Ports Group have been satisfied, with settlement expected to take place no later than October 9, 2026.

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L’IMAD, through its wholly owned subsidiary ADQ, said the only outstanding requirements are certain routine notifications that still need to be submitted to the Capital Market Authority and the Abu Dhabi Securities Exchange.

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Settlement will include payment of the offer price and transfer of the acquired shares to ADQ.

Dh6.25 cash offer remains open

ADQ is offering shareholders Dh6.25 in cash for every AD Ports Group share accepted under the offer.

The offer remains open until 3pm on September 15, 2026.

Also Read: L'IMAD launches tender offer to acquire remaining AD Ports shares

Also Read: Abu Dhabi sovereign investor L’IMAD moves to acquire up to 100% of AD Ports Group

Also Read: AD Ports adds trucks, ships and air cargo routes during Strait of Hormuz disruption

L’IMAD, a sovereign investor of the Government of Abu Dhabi, submitted the voluntary tender offer through ADQ on August 18, seeking to acquire up to 100% of the AD Ports Group shares that ADQ does not already own.

Company receives confirmation

AD Ports Group said in a stock market announcement that it had received notification and confirmation from ADQ that all conditions set out in the offer document had been satisfied apart from the customary notifications required for the Capital Market Authority and ADX.

Payment to shareholders who accept the offer and transfer of the acquired shares to ADQ are expected to be completed by October 9.

Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, where she spends her days unpacking money, markets, aviation, and the big shifts shaping life in the Gulf. Before returning to Gulf News, she launched Finance Middle East, complete with a podcast and video series. Her reporting has taken her from breaking spot news to long-form features and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and a long list of CEOs, regulators, and founders who are reshaping the region’s economy. An Erasmus Mundus journalism alum, Nivetha has shared classrooms and newsrooms with journalists from more than 40 countries, which probably explains her weakness for data, context, and a good follow-up question. When she is away from her keyboard (AFK), you are most likely to find her at the gym with an Eminem playlist, bingeing One Piece, or exploring games on her PS5.