L’IMAD Acquisition Offer

On 17 August 2026, AD Ports Group (ADX: ADPORTS) received a notification from L’IMAD Holding Company PJSC (L’IMAD), ‎a sovereign investor of the Government of Abu Dhabi, of its intention to submit a voluntary conditional cash offer, ‎through its wholly owned subsidiary Abu Dhabi Developmental Holding Company PJSC (ADQ), to acquire up to ‎‎100% of the issued and paid-up share capital of Abu Dhabi Ports Company PJSC (AD Ports Group) not already held ‎by ADQ. L’IMAD, through ADQ, currently owns 75.42% of AD Ports Group.
 
An Offer Document was subsequently received on 18 August 2026, in which L’IMAD, through ADQ, confirmed its offer of AED 6.25 for each AD Ports Group share. As of 14 August 2026, this ‎represents:

• 23% premium to the closing share price of AED 5.10 per share
• 25% premium to 1-month Volume Weighted Average Price of AED 5.02 per share
• 31% premium to 3-month Volume Weighted Average Price of AED 4.76 per share
• 95% premium over AD Ports Group’s listing price on ADX on 8th February 2022 of AED 3.20 per share

On 26 August 2026, the Board of Directors of AD Ports Group issued a recommendation to all shareholders to accept the offer, deemed fair following a fairness opinion from its independent financial advisor, HSBC Bank Middle East Limited, ADGM Branch (HSBC). ‎ 
 
AD Ports Group will make further announcements with respect to any material developments in the matter in due ‎course.

For more information, contact:

media@limad.com
limad-adpg@teneo.com

For Investor information, please contact:

Marc Hammoud

Vice President, Investor Relations - AD Ports Group

marc.hammoud@adports.ae

For media information, please contact:

AD Ports Group Media Office

media@adports.ae

Further Details

Shareholder Assistance

For support regarding the offer process, shareholders may contact: