Abu Dhabi – Mubasher: The board members of Abu Dhabi Commercial Bank (ADCB) approved a strategic rights issue valued at AED 6.10 billion, according to a press release.

The proposed rights issue will increase ADCB's issued capital from AED 7.31 billion to AED 7.91 billion through the issuance of up to 592.22 million new shares.

Subject to obtaining all necessary regulatory and shareholder approvals, the new shares will be issued at an issue price of AED 10.30 per new share, reflecting the nominal value of AED 1 per new share and a share premium of AED 9.30 per new share.

This represents a discount of 30% to the closing share price of ADCB's shares on the Abu Dhabi Securities Exchange  (ADX)as of 4 September 2025.

This step aims to accelerate the pace of the bank’s strong organic growth and deliver substantial long-term value for shareholders, who will manage to participate in the lender’s success, through the subscription for new shares.

This strategic initiative will enhance the bank’s capacity to achieve significant asset growth, whilst remaining ahead of evolving regulatory requirements.

Mubadala Investment Company, the majority shareholder in ADCB, has confirmed its full support for the board’s endorsement to the general assembly to approve the capital increase through rights issuance.

In the same vein, ADCB reaffirms its dividend guidance of nearly AED 25 billion in distributions over the next five years, marking a 50% uplift over the previous five-year period.