ABU DHABI PORTS COMPANY PJSC ADX:ADPORTS:
ACQUIRES SEIC'S 19.3% STAKE IN ALCN COMPANY
ANNOUNCES ACQUISITION OF SAUDI EGYPTIAN INVESTMENT COMPANY’S (SEIC) 19.328% STAKE IN ALEXANDRIA CONTAINER & CARGO HANDLING COMPANY
DEAL VALUED AT APPROXIMATELY EGP 13.24 BILLION
AD PORTS GROUP FUNDED THE TRANSACTION THROUGH A COMBINATION OF EXISTING CASH AND DEBT
TRANSFER OF SHARES IS EXPECTED TO BE COMPLETED ON 24TH NOVEMBER 2025