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Etihad Energy Flags Share Capital Increase Following Bond Conversion

MT Newswires·09/02/2026 09:24:05
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09:24 AM EDT, 09/02/2026 (MT Newswires) -- Etihad Energy's (DFM:ETIHADENERGY) share capital will increase by 5.66% to 3.37 billion Emirati dirhams after trading hours on Friday, according to a Wednesday filing. The capital raise is a result of the conversion of 225.5 million dirhams of mandatory convertible bonds into 180,433,019 shares. The moves are part of the maritime and shipping company's 2.34 billion-dirham convertible bond issue in 2025, which was approved by its shareholders and the United Arab Emirates' Capital Market Authority.