Phoenix Group PLC to List on Abu Dhabi Securities Exchange

Phoenix Group's Strategic Listing

Phoenix Group PLC, a leading name in the Middle Eastern cryptocurrency sector, is set to make its mark by listing on the Abu Dhabi Securities Exchange. This move highlights the company's pioneering role in the blockchain industry and signifies an important milestone for privately owned crypto conglomerates in the region.

Public Investment Opportunity

The company is opening a 17.64% stake of its share capital for public investment, translating to 907,323,529 shares available for purchase. Priced at AED 1.50 each, these shares are part of a total pre-offering count of 5,141,500,000 shares. This listing period is available from today until Friday, offering a lucrative chance for both retail and professional investors to engage with Phoenix Group's promising growth trajectory.

Transparent Offering Process

The share offering is managed by First Abu Dhabi Bank PJSC and International Securities LLC, ensuring a transparent and streamlined transaction experience for potential investors. This oversight guarantees clarity and confidence for those looking to invest in Phoenix Group's future.

Growth Beyond the Middle East

Phoenix Group's decision to list on the Abu Dhabi Securities Exchange underscores its ambition for expansive growth beyond the Middle Eastern markets. This strategic move not only enhances its position within the crypto market but also opens new avenues for international expansion.

Investors eager to participate in this growth can access the prospectus on the company's website and are encouraged to contact the Lead Receiving Bank for more details about the share offering. This listing represents a significant opportunity for stakeholders to be part of a pioneering force within the evolving crypto economy.