ADNOC Logistics & Services PLC, whose shares are traded on the Abu Dhabi Securities Exchange, announced on Thursday that its shares have been selected for inclusion in the MSCI Emerging Markets Index, a leading index for institutional investors that tracks large and mid-cap companies in 24 emerging market countries. The inclusion is scheduled to take effect on November 25, 2025.
This achievement follows ADNOC’s successful secondary offering last August of ADNOC Logistics and Services shares worth AED 1.16 billion ($317 million), which increased its free float to approximately 22 percent and more than quadrupled its average daily trading volume.
This offering also helped to broaden the company’s institutional investor base, which paved the way for increased visibility in the index.
The offering was oversubscribed by approximately seven times, which is among the highest rates seen in secondary offerings in the region, reflecting investors’ firm confidence in the company’s strategic direction, the strength of its financial position, and its future growth prospects.
The sale price was set at AED 5.25 per share, representing the lowest discount ever seen in a secondary offering in the region at 3.33 percent. [1] According to broker estimates, inclusion in the index is expected to attract cash inflows exceeding AED 734 million (USD 200 million), improving the stock's liquidity and accessibility for global investors.
Commenting on the inclusion, Captain Abdulkarim Al Masabi, CEO of ADNOC Logistics & Services, said: “Our inclusion in the MSCI Emerging Markets Index is a strong affirmation of ADNOC Logistics & Services’ transformation into a global leader in maritime logistics for the energy sector. This achievement reflects growing investor confidence, enhances access to international capital, and supports our strategy to expand our operations and diversify our revenue streams to deliver strong long-term returns for our shareholders.”
With this inclusion, ADNOC Logistics & Services will become the fourth ADNOC Group company to be included in the Morgan Stanley Capital International Emerging Markets Index, joining ADNOC Distribution, ADNOC Drilling and ADNOC Gas, further strengthening ADNOC’s growing presence in global capital markets.
The company currently has 23 new vessels under construction, scheduled for delivery by 2028. This expansion is expected to generate long-term revenues exceeding AED 36.7 billion (US$10 billion).
In addition to long-term contractual revenues exceeding AED 95 billion ($26 billion), the company has a strong future outlook for profitability, supported by ADNOC’s integrated value chain and global growth.
