ADCB Completes Successful AED 6.1 Billion Rights Issue Amid Strong Investor Demand

Abu Dhabi Commercial Bank PJSC (ADCB) has successfully concluded its AED6.1 billion rights issue, following the subscription period's end on 4th December 2025. The offering witnessed remarkable interest, with total commitments surpassing AED12 billion from investors across the UAE, the region, and globally.

Mubadala Investment Company, ADCB’s main shareholder, fully subscribed to its share entitlement, providing crucial support for the transaction's success. Other shareholders also showed strong interest, oversubscribing the remaining shares by more than three times. This highlights significant investor confidence in ADCB’s strategic direction and growth plans.

The unsubscribed shares will be allocated proportionally to shareholders who requested additional shares, following the guidelines in the Invitation to Shareholders. This transaction marks the largest rights issue by a company primarily listed on the Abu Dhabi Securities Exchange (ADX), further solidifying ADCB’s status as a leading financial institution in the region.

ADCB took on multiple roles in this transaction as the sole lead manager, bookrunner, and receiving bank. This showcases its expertise in equity capital markets and its capability to handle large-scale transactions effectively.

Ala’a Eraiqat, Group CEO of ADCB, expressed gratitude towards shareholders for their support. He stated: "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."

He further highlighted that ADCB is entering an ambitious phase focused on technology-driven growth. This approach aims to create long-term value for shareholders, customers, and contribute positively to the broader economy.

With inputs from WAM