Abu Dhabi - Mubasher: The Abu Dhabi Securities Exchange (ADX) has listed EasyLease, a subsidiary of International Holdings Company (IHC), on its Second Market under the ticker symbol EASYLEASE.

The trading on the shares of EasyLease has started today, according to a press release on Sunday.

The company’s nominal value of share capital amounts to AED 30 million, with each share having a nominal value of AED 1.

The listing of EasyLease, established in 2011, raises the number of securities listed on ADX to 90.

The CEO of ADX, Saeed Hamad Al Dhaheri, said: "It is the fourth company to be listed on the exchange during the current year. Listing provides private companies with efficient access to capital markets to raise money through equity and bond offering, thus contributing to the enrichment of the financial sector in the country."

Meanwhile, the CEO of EasyLease, Ahmad Mohammad Al Sadah, commented: "We have built a leading motorcycle business in Abu Dhabi, providing individuals and businesses from the capital and around the UAE with the right platform, solutions, and customer support to meet their growing fleet needs."

It is noteworthy to mention that on 24 December, the Clearing, Settlement, Depository, and Registry Services Department (CSD) has registered the shares of Easy Lease Motor Cycle Rental to prepare for its listing and trading at ADX.