{"data":{"id":"a2d6a802-35d6-4dd3-86a8-c1358d31b1a9","type":"article","translation_group_id":"a2d6a802-3431-4f95-98df-9c48bb26ebff","language":"en","content_type":"announcement","title":"ADQ launches squeeze-out of AD Ports shares at AED 6.25 after 98.93% stake","dek":"Abu Dhabi Developmental Holding (ADQ) said its stake in Abu Dhabi Ports reached 98.93% and issued a compulsory acquisition notice for remaining shares at AED 6.25, with settlement expected on 22 December 2026.","slug":"adports-adq-squeeze-out-notice-25-sep-2026","published_at":"2026-09-25T05:00:00+00:00","updated_at":"2026-09-25T05:00:00+00:00","primary_category":{"id":"2","type":"category","key":"corporate","name":"Corporate","slug":"corporate","summary":"Company filings, board decisions, M&A, buybacks, and governance across listed issuers.","seo_title":"Corporate News | Capital Wire","meta_description":"Company filings, board decisions, M&A, buybacks, and governance news covering listed issuers across UAE and GCC equity markets."},"featured_media":{"id":"a2d6ade9-6013-4bf3-b0a1-542b075bde13","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/af706301e8d2eb0d005740cf4de2171e6c435aaeb18d1b2c142636f934ea8e4c.webp","mime":"image\/webp","srcset":null,"width":400,"height":225,"alt":"AD Ports Group mandatory acquisition (squeeze-out) notice from ADQ Holding \u2014 ADX CDN 5532358","caption":null,"credit":"ADX disclosure \/ AD Ports Group","license":"operator-supplied","ai_generated":false},"entities":[{"id":"a2d6a680-3fdf-4fe8-a043-8536f6a6c893","type":"entity","entity_type":"company","collection":"companies","name":"Abu Dhabi Ports Company PJSC","slug":"abu-dhabi-ports-company-pjsc","ticker":"ADPORTS","is_primary":true}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":null,"key_points":[],"body":[{"type":"paragraph","text":"Abu Dhabi Developmental Holding Company PJSC (ADQ), a wholly owned subsidiary of L\u2019imad Holding Company PJSC, has notified the board of Abu Dhabi Ports Company PJSC that its ownership stake has reached 98.93% of the company\u2019s share capital."},{"type":"paragraph","text":"Because that holding exceeds 90% plus one share, ADQ said it has issued a compulsory acquisition, or squeeze-out, notice to acquire all remaining shares not already owned by it. The squeeze-out price is AED 6.25 per share, the same price set out in the Offer Document dated 18 August 2026 and in the voluntary tender offer that closed on 15 September 2026."},{"type":"paragraph","text":"According to the notice, settlement is expected on 22 December 2026, subject to conditions precedent and the expiry of a 60-day challenge period from the date of the notice. Relevant shareholders may apply to the competent court within that period to seek suspension; absent a court order, the process is not suspended."},{"type":"paragraph","text":"In a letter dated 25 September 2026, ADQ asked Abu Dhabi Ports\u2019 board to disclose the squeeze-out notice through the Abu Dhabi Securities Exchange."},{"type":"paragraph","text":"According to an ADX disclosure: ADQ\u2019s compulsory acquisition (squeeze-out) notice and covering letter to Abu Dhabi Ports Company PJSC dated 25 September 2026."}],"seo":{"seo_title":"ADQ launches squeeze-out of AD Ports shares at AED 6.25 after 98.93% stake","meta_description":"Abu Dhabi Developmental Holding (ADQ) said its stake in Abu Dhabi Ports reached 98.93% and issued a compulsory acquisition notice for remaining shares at AED 6.25, with settlement expected on 22 December 2026.","og_title":"ADQ launches squeeze-out of AD Ports shares at AED 6.25 after 98.93% stake","og_description":"Abu Dhabi Developmental Holding (ADQ) said its stake in Abu Dhabi Ports reached 98.93% and issued a compulsory acquisition notice for remaining shares at AED 6.25, with settlement expected on 22 December 2026.","social_image":{"id":"a2d6ade9-6013-4bf3-b0a1-542b075bde13","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/af706301e8d2eb0d005740cf4de2171e6c435aaeb18d1b2c142636f934ea8e4c.webp","mime":"image\/webp","srcset":null,"width":400,"height":225,"alt":"AD Ports Group mandatory acquisition (squeeze-out) notice from ADQ Holding \u2014 ADX CDN 5532358","caption":null,"credit":"ADX disclosure \/ AD Ports Group","license":"operator-supplied","ai_generated":false}},"secondary_category":null,"topics":[{"id":"1","type":"topic","key":"adx","name":"ADX","slug":"adx","summary":"Abu Dhabi Securities Exchange listings, filings, index moves, and market-structure developments.","seo_title":"ADX Market News | Capital Wire","meta_description":"Coverage of Abu Dhabi Securities Exchange listings, corporate filings, index moves, and ADX market-structure news for investors."}],"tags":[{"id":"18","type":"tag","key":"acquisition","name":"acquisition","slug":"acquisition"}],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a2d6a802-370d-40c6-b439-1e0721f6e882","url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5532358","publisher":"ADX Disclosures","title":"ADX \u2014 ADQ squeeze-out notice ADPORTS","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5532358","source_id":"a2d6a050-b97e-493b-b596-2ddcabbad320","label":"ADX \u2014 ADQ squeeze-out notice ADPORTS","publisher":"ADX Disclosures"}],"corrections":[],"translations":[{"language":"ar","slug":"adports-adq-squeeze-out-notice-25-sep-2026","published_at":"2026-09-25T05:00:00+00:00","is_current":false},{"language":"en","slug":"adports-adq-squeeze-out-notice-25-sep-2026","published_at":"2026-09-25T05:00:00+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"be725c64-1aed-4dfa-9c77-cb8a0bac6327","locale":"en"},"errors":[]}