Sunday 19 May 2013

Taqa weighs dual listing with entry into London - The National

"Abu Dhabi National Energy Company, also known as Taqa, is exploring the possibility of a dual listing on the London Stock Exchange as a potential option to improve the liquidity of its shares and open up to foreign investors.

The move, complementing its current listing on the Abu Dhabi Securities Exchange, would be similar to that undertaken by DP World in 2011, according to two people familiar with the matter.

In a statement, Taqa confirmed it was "exploring opportunities to enhance the liquidity of its shares traded on the ADX but has not taken any decisions in this regard"."

'via Blog this'

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