Abu Dhabi - Mubasher: The shares of Al Yah Satellite Communications Company (Yahsat) will be listed on the Abu Dhabi Securities Exchange (ADX) under the trading symbol (YAHSAT) starting from Wednesday, 14 July 2021, on the main market. 

The trading on the shares of Yahsat outside the ADX trading hall will effectively take place from the date of listing, according to a press release on Sunday.

It is noteworthy to mention that on 9 July 2021, Yahsat successfully completed its book-building process and the pricing and final offer size for the initial public offering (IPO) of part of its existing shares.

The final offer price for the Offering has been set at AED 2.75 per share.