ADX

Adams Diversified Equity Fund Announces $17.02 Issue Price of Shares for Year-End Distribution Payable December 20, 2023

Retrieved on: 
Wednesday, December 6, 2023
Fund, ADX

This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023.

Key Points: 
  • This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023.
  • The year-end distribution is payable on December 20, 2023.
  • This year, the Fund is distributing an amount that results in an 8.1% annual distribution rate, exceeding the 6% commitment.
  • Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO).

Adams Natural Resources Fund Announces $19.96 Issue Price of Shares for Year-End Distribution Payable December 15, 2023

Retrieved on: 
Wednesday, December 6, 2023
Fund, ADX, PEO

This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023.

Key Points: 
  • This price is the mean between the high and low sales prices of the Fund’s stock on the New York Stock Exchange on December 6, 2023.
  • The year-end distribution is payable on December 15, 2023.
  • This year, the Fund is distributing an amount that results in a 6.2% annual distribution rate, exceeding the 6% commitment.
  • Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO).

Phoenix Group PLC Celebrates Historic IPO on Abu Dhabi Securities Exchange

Retrieved on: 
Tuesday, December 5, 2023
Bitcoin, Phoenix Group, PLC, Mining, MD, Renewable energy, ADX, Security, Growth, IPO, History, Abu Dhabi Securities Exchange, Cryptocurrency

ABU DHABI, UAE, Dec. 05, 2023 (GLOBE NEWSWIRE) -- In a momentous event that marks a new era in the regional technology and financial sector, Phoenix Group PLC proudly announces its successful listing on the Abu Dhabi Securities Exchange (ADX).

Key Points: 
  • ABU DHABI, UAE, Dec. 05, 2023 (GLOBE NEWSWIRE) -- In a momentous event that marks a new era in the regional technology and financial sector, Phoenix Group PLC proudly announces its successful listing on the Abu Dhabi Securities Exchange (ADX).
  • Phoenix Group PLC's public debut on ADX represents a significant leap in innovation and growth for the tech and blockchain sector.
  • We extend our profound gratitude to the visionary leadership of Abu Dhabi and the Abu Dhabi Securities Exchange (ADX) for their unwavering support and foresight, which have been pivotal in achieving this landmark success.
  • Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, stated: "Today's IPO is a testament to the power of vision, collaboration, and innovation.

Phoenix Group Announces Landmark IPO on the Abu Dhabi Securities Exchange

Retrieved on: 
Monday, December 4, 2023
Bitcoin, Public policy, Phoenix Group, Public, Mining, MD, Private sector, ADX, Optimism, Growth, IPO, Abu Dhabi Securities Exchange, Security (finance)

ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023.

Key Points: 
  • ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023.
  • Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, remarked, "As we approach our IPO, we're thrilled to unveil our ambitious vision for the future.
  • Munaf Ali, Co-Founder & Group MD of Phoenix Group PLC, also shared, "The momentum building up to our IPO reflects the excitement and optimism for our future endeavors.
  • This is a pivotal moment for us to propel Phoenix Group into a new era of growth and global impact."

Phoenix Group PLC Announces New IPO Date: December 5th, 2023, Following UAE National Day Celebrations

Retrieved on: 
Tuesday, November 28, 2023
Phoenix Group, PLC, Munaf, Private sector, ADX, Emiratisation, Abu Dhabi Securities Exchange, Security (finance)

To honor this occasion and ensure comprehensive participation in the IPO, Phoenix Group PLC has rescheduled its listing date to December 5th, 2023.

Key Points: 
  • To honor this occasion and ensure comprehensive participation in the IPO, Phoenix Group PLC has rescheduled its listing date to December 5th, 2023.
  • "With profound respect for the UAE's traditions and in celebration of the National Day, we have moved our IPO date to December 5th," stated Bijan, Group CEO of Phoenix Group PLC.
  • Phoenix Group PLC advises all interested investors and parties to take note of the new IPO date.
  • "We anticipate a warm reception from investors when we list on ADX this December 5th," added Munaf, Group MD of Phoenix Group PLC.

Phoenix Group's IPO Sees Unprecedented 180x Oversubscription from Retail Investors, Signifying Strong Market Confidence

Retrieved on: 
Tuesday, November 21, 2023
Growth, IPO, ADX, Phoenix Group, Cryptocurrency, MD

The company's offer of 907,323,529 shares has seen an overwhelming demand, particularly from retail investors who oversubscribed by 180 times.

Key Points: 
  • The company's offer of 907,323,529 shares has seen an overwhelming demand, particularly from retail investors who oversubscribed by 180 times.
  • Professional investors also showed strong support, contributing to a 22-fold oversubscription, underscoring the strength and potential of Phoenix Group.
  • The listing, scheduled for December 4, 2023, under the trading symbol PHX, marks a new era for Phoenix Group.
  • The company looks forward to embarking on its next phase of growth and innovation as it prepares for its public listing.

PureHealth shares settled a staggering 76% above listing price in Abu Dhabi trading debut

Retrieved on: 
Thursday, December 21, 2023
Science, Health, PJSC, AED, ADX, Competitiveness Council, IHC, Security, Economic development, Longevity, Growth, IPO, First Abu Dhabi Bank, ADQ, Offering, Abu Dhabi Securities Exchange

Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.

Key Points: 
  • Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.
  • Shares of the company surged to a high of 84% before they settled around 76% above the listing price at AED 5.74 per share at the close of trading on Wednesday (indicating a market value of AED 63.8 billion).
  • Farhan Malik, Founder and Managing Director of PureHealth rang the ADX market opening bell to celebrate the listing, in the presence of H.E.
  • Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development, H.E Syed Basar Shueb, CEO and Managing Director of International Holding Company, H.E.

PureHealth shares settled a staggering 76% above listing price in Abu Dhabi trading debut

Retrieved on: 
Thursday, December 21, 2023
Science, Health, PJSC, AED, ADX, Competitiveness Council, IHC, Security, Economic development, Longevity, Growth, IPO, First Abu Dhabi Bank, ADQ, Offering, Abu Dhabi Securities Exchange

Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.

Key Points: 
  • Abu Dhabi-based PureHealth, which is trading under the symbol "PureHealth", witnessed a jump in its share price to AED 6.0 per share in early trading on the ADX on Wednesday 20 December, giving it a market value of AED 66.6 billion.
  • Shares of the company surged to a high of 84% before they settled around 76% above the listing price at AED 5.74 per share at the close of trading on Wednesday (indicating a market value of AED 63.8 billion).
  • Farhan Malik, Founder and Managing Director of PureHealth rang the ADX market opening bell to celebrate the listing, in the presence of H.E.
  • Ahmed Jasim Al Zaabi, Chairman of Abu Dhabi Department of Economic Development, H.E Syed Basar Shueb, CEO and Managing Director of International Holding Company, H.E.

Abu Dhabi Securities Exchange (ADX) welcomes the listing of Pure Health "PureHealth", the largest integrated healthcare platform in the Middle East

Retrieved on: 
Wednesday, December 20, 2023
Family, AED, ADX, Initial public offering, IPO, Development, Abu Dhabi Securities Exchange, Security (finance)

ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.

Key Points: 
  • ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.
  • This year, we have witnessed strong investors' interest and participation towards the various dynamic listings and initiatives on the ADX platform.
  • As the largest integrated healthcare platform in the Middle East, we are proud of the role we continue to play in shaping the healthcare sector for Abu Dhabi and beyond.
  • This listing will further support our equity growth story by enabling us in taking the organization from Abu Dhabi to the World."

Abu Dhabi Securities Exchange (ADX) welcomes the listing of Pure Health "PureHealth", the largest integrated healthcare platform in the Middle East

Retrieved on: 
Wednesday, December 20, 2023
Family, AED, ADX, Initial public offering, IPO, Development, Abu Dhabi Securities Exchange, Security (finance)

ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.

Key Points: 
  • ABU DHABI, UAE, Dec. 20, 2023 /PRNewswire/ -- Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of PureHealth, the largest integrated healthcare platform in the Middle East.
  • This year, we have witnessed strong investors' interest and participation towards the various dynamic listings and initiatives on the ADX platform.
  • As the largest integrated healthcare platform in the Middle East, we are proud of the role we continue to play in shaping the healthcare sector for Abu Dhabi and beyond.
  • This listing will further support our equity growth story by enabling us in taking the organization from Abu Dhabi to the World."