ADNH Catering’s IPO: the advisors

ADNH Catering, advised by Ibrahim & Partners (as local counsel) and White & Case (as international counsel), announced its intention to offer 900,000,000 shares, representing 40% of their share capital, through an Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). All shares offered in the IPO are existing shares held by Adu Dhabi National Hotels Company PJSC, a semi-government hospitality group based in Abu Dhabi. The company has completed the bookbuild and public subscription process for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).

ADNH Catering

Nadim Elias El Haj (pictured – on the right), chief legal officer of Abu Dhabi National Hotels Company and secretary to the board of ADNH Catering PLC, steered the structuring and execution of the transaction.

Ibrahim & Partners’ team

Ibrahim & Partners’ team who advised on the transaction consisted of managing partner Ahmed Ibrahim (pictured – on the left), Bahjat Al-Jayyousi (senior associate), Nour Aljafari (counsel) and Wadih Chalhoub (associate).

About the IPO

This IPO presents an opportunity for investors to join one of the UAE’s leading food and support services providers, strategically positioned to capitalize on the compelling growth story of the regional food services market, particularly in the UAE and Kingdom of Saudi Arabia.

Article under update