Page 263 - AAE PR REPORT - June 2024

5/9/24, 9:14 AM Agility Global shares soar on ADX debut

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The shares of Agility Global, a unit of regional logistics major Agility, nearly
quadrupled in value after the company began trading on the Abu Dhabi Securities

Exchange on Thursday.

Its stock opened at Dh1.48 per share, up as much as 300 per cent compared to
the reference price of Dh0.37 per share provided by the company.

Shares of the company settled 327 per cent higher at Dh1.58 each at the closing
of trading in Abu Dhabi, giving Agility Global a market value of about Dh16.46

billion ($4.48 billion).

The company's stock ended the day as the second-most traded in terms of daily

value and volume on the ADX.

Agility Global is trading under the symbol Agility. Its parent company is listed on
the Dubai Financial Market and Boursa Kuwait.

As the operations and assets management unit of Agility, its portfolio includes
services company Menzies Aviation, Tristar, a global fuel logistics business, as

well as Agility’s global logistics parks business in Saudi Arabia, Africa and South
Asia.

Other businesses include a remote site company GCC Services, a defence and
government services logistics business and a digital logistics platform Shipa,

according to its website.

Registered at Abu Dhabi Global Market, Agility
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