Sagasse Investment Company PLC Lists 405 Million Shares on ADX Growth Market

Strategic Insights -

Sagasse Investment Company PLC has made a significant step in its growth trajectory by listing 405 million ordinary shares on the Growth Market of the Abu Dhabi Securities Exchange (ADX). This move reflects the company's determination to capitalize on the dynamic economic landscape of the UAE. With a nominal value of USD 0.0134 per share, the total issuance is valued at USD 5.44 million (AED 20 million). The shares will be listed under the category designated for companies incorporated in free zones, which allows for different regulatory considerations compared to other commercial entities within the UAE.

Key Takeaways:

  • Sagasse Investment Company PLC listed 405 million ordinary shares on the Growth Market of the Abu Dhabi Securities Exchange (ADX) on September 3, 2025.
  • The total issuance is valued at USD 5.44 million (AED 20 million) with a nominal value of USD 0.0134 per share.
  • The shares are listed under the category designated for companies incorporated in free zones, subject to different regulatory considerations.
  • The company is governed by the ADGM Companies Regulations 2020 and is not subject to the UAE Federal Decree by Law No. 32 of 2021 concerning commercial companies.
  • The ADGM Registration Authority oversees the supervision and regulation of public companies incorporated in the ADGM.
  • No public subscription will be permitted, and the possession, circulation, or distribution of the prospectus will occur only in compliance with jurisdictional rules and regulations.

Statistics:

  • 405 million shares listed on the ADX Growth Market.
  • Total issuance value: USD 5.44 million (AED 20 million).
  • Nominal value per share: USD 0.0134.
  • Listing date: September 3, 2025.
  • Share category: Free zone companies, subject to different regulatory considerations.

Sources:

  • Sagasse Investment Company PLC announcement on listing shares on the ADX Growth Market.
  • Abu Dhabi Securities Exchange (ADX) press release on the listing of Sagasse Investment Company PLC shares.
  • ADGM Companies Regulations 2020.
  • UAE Federal Decree by Law No. 32 of 2021 concerning commercial companies.