The Board of Directors of Abu Dhabi Commercial Bank PJSC (ADCB) has approved a strategic rights issue to raise to Dhs 6.1 billion, aimed at accelerating the Bank’s strong organic growth and creating long-term value for shareholders. The rights issue offers existing shareholders the opportunity to subscribe to new shares, supporting ADCB’s growth strategy while maintaining compliance with evolving regulatory requirements and delivering sustainable returns.
The proposed rights issue will increase ADCB’s issued capital from Dhs 7.32 billion to Dhs 7.91 billion through the issuance of up to 592,228,700 new shares. Each new share will be offered at Dhs 10.3, comprising a nominal value of Dhs 1 and a share premium of Dhs 9.3, representing a 30% discount to the closing share price on the Abu Dhabi Securities Exchange as of 4 September 2025. The issuance is subject to regulatory and shareholder approvals.
Mubadala Investment Company PJSC, ADCB’s majority shareholder, has expressed full support for the Board’s proposal and has committed to subscribing in full for its proportional entitlement, demonstrating confidence in the Bank’s prospects.
Over the past year, ADCB has delivered a total shareholder return exceeding 75%, reflecting its focus on long-term value creation. The rights issue will allow shareholders to participate in the Bank’s growth initiatives, further enhancing profitability.
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