Dana Gas looks to appoint advisers for London listing - The National

Dana Gas looks to appoint advisers for London listing - The National:

Dana Gas is in the process of screening advisers to help it list shares in London as Sharjah-based energy firm revives plans to woo a broader range of international investors to boost the value of its stocks.

“We are a reviewing a list, but we haven’t appointed [advisers] yet,” said Patrick Allman-Ward, chief executive of Dana Gas.

The board of Dana Gas, whose shares currently trade on Abu Dhabi Securities Exchange, has been of the opinion “for some considerable time” that its stocks on the Capital’s bourse are undervalued and it has been "looking to list at the alternative exchanges”, he noted.