ADNOCDRILL
Abu Dhabi - Mubasher: ADNOC Drilling Company has been included in three globally-recognised indices, comprising FTSE Emerging Index, FTSE Global Large Cap Index, and FTSE All-World Index.
During the inaugural meeting, the board announced the inclusion which came following the company's initial public offering (IPO) on the Abu Dhabi Stock Exchange (ADX), according to a press release on Sunday.
Meanwhile, ADNOC Drilling's board approved the company's five-year business growth plan for 2022 to 2026 and the 2022 budget.
ADNOC Managing Director and Group CEO, Sultan Ahmed Al Jaber, said: "ADNOC Drilling will continue to play a pivotal and leading role in enabling ADNOC’s ambitious production capacity growth plans, underpinned by the core resolutions adopted at the inaugural board meeting post-listing, including the company’s robust business plan, focused on sustained and enhanced growth."
It is noteworthy to mention that on Sunday, 3 October, ADNOC Drilling started trading on the ADX after completing the IPO of 11% of the total issued share capital.