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Investment·16 September 2026

L’imad to Increase Stake in AD Ports Group to Over 98.5%

Abu Dhabi sovereign investor L’imad is set to increase its ownership in AD Ports Group to more than 98.5% following a voluntary tender offer, with settlement expected by October 9, 2026.

Abu Dhabi's sovereign investor, L’imad, is poised to significantly increase its shareholding in AD Ports Group to over 98.5 per cent. This follows a successful voluntary tender offer, which saw all conditions met and is scheduled for settlement no later than October 9, 2026.

The offer was initiated through L’imad’s wholly-owned subsidiary, Abu Dhabi Developmental Holding Company (ADQ). The statutory window for the tender offer commenced on August 18, 2026, and concluded on September 15, 2026.

Previously, L’imad held a 75.4 per cent stake in AD Ports Group. The new acquisition will consolidate its control over the company, aligning AD Ports Group more closely with L’imad’s broader strategic holdings in the logistics and infrastructure sectors. These holdings include Etihad Rail and Aramex, underscoring L’imad's commitment to developing key economic platforms in the region.

The tender offer was priced at Dh6.25 per share, representing a 23 per cent premium over AD Ports Group's last closing price before the announcement on August 17, 2026. This price also marked a 25 per cent premium to the one-month volume-weighted average price and a 31 per cent premium to the three-month average.

Final steps for the transaction include customary notifications to the Capital Market Authority and the Abu Dhabi Securities Exchange (ADX). The payment of consideration to AD Ports Group shareholders and the registration of shares in ADQ's name are also slated for completion by the October 9, 2026 deadline.

Frequently asked

Questions, answered

What was the offer price per share for AD Ports Group?
L’imad offered **Dh6.25 per share** for AD Ports Group, which represented a 23% premium to the last closing price before the offer announcement.
When is the settlement date for the acquisition?
The settlement for the voluntary tender offer and registration of shares in ADQ's name is expected no later than **October 9, 2026**.
Which entity submitted the bid for AD Ports Group?
The bid was submitted through **Abu Dhabi Developmental Holding Company (ADQ)**, a wholly-owned subsidiary of L’imad.
What was L’imad's previous stake in AD Ports Group?
Prior to this offer, L’imad held a **75.4 per cent** stake in AD Ports Group.
What other companies are part of L’imad’s Ports and Logistics platform?
AD Ports Group sits within L’imad’s Ports and Logistics platform alongside **Etihad Rail** and **Aramex**.
Reported by
Google News — Abu Dhabi Real Estate (7d) · Arabian Business — Property
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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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