ADNOC Gas joins MSCI Emerging Markets Index, boosting investment potential

image is ADNOC Gas Joins MSCI Emerging Markets Index, Enhancing Cash Inflows To Stock And Expanding Global Investor Base

ADNOC Gas has been selected for inclusion in the MSCI Emerging Markets Index, marking a significant milestone in the company's global growth strategy.

The inclusion is expected to attract between $300-$500 million in passive cash inflows and expand the company's international institutional investor base. This development follows ADNOC Gas's successful $2.84 billion marketed offering, which increased the company's free float by 80% and led to a sixfold rise in the average daily trading volume.

ADNOC Gas becomes the third ADNOC company to join the prestigious index, which serves as a performance benchmark for large and mid-cap publicly listed companies across 24 emerging market countries.

Fatema Mohamed Al Nuaimi, Chief Executive Officer at ADNOC Gas, expressed enthusiasm about the milestone: "The inclusion supports our ambition to attract a broader and more diversified base of institutional investors and should drive greater liquidity in ADNOC Gas stock."

Since its 2023 listing, the integrated gas processing and sales company has implemented a disciplined growth strategy, including plans to invest $15 billion in strategic opportunities from 2025 to 2029. The company aims to deliver a 40% increase in EBITDA between 2023 and 2029.

With its inclusion in the MSCI index, ADNOC Gas anticipates higher trading volumes and improved investor engagement, further solidifying its position as a leading global energy player. The company expects these developments to enhance shareholder returns whilst supporting its ambitious growth trajectory in the coming years.

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