Abu Dhabi - Mubasher: The Clearing, Settlement, Depository (CSD) and Registry Services Department has registered the shares of ESG Emirates Stallions Group to prepare for its listing and trading on the Second Market of the Abu Dhabi Securities Exchange (ADX).
Emirates Stallions Group will be listed on the ADX on 31 May 2021, the bourse announced on Thursday.
Hence, brokers and custodians can transfer the company's shares of the desired shareholders from their CSD accounts to the trading accounts starting from Thursday.
It is noteworthy to mention that ADX may witness at least 10 new listings in 2021, marking the highest number on record, the ADX Chairman, Mohammed Ali Al Shorafa Al Hammadi, said as recently reported by Bloomberg.
