The holding company, owned by the Abu Dhabi government in the UAE, has announced the transfer of a 22.32% stake in Aramex to Abu Dhabi Ports Company.
In a statement to the stock exchange, yesterday, Wednesday, Aramex said that Oryx Limited had transferred shares representing about 22.32% of Aramex's capital to Abu Dhabi Ports Company.
The holding company had announced in September of 2020, that it had bought a 22% stake in Aramex, and stated that the deal was done through its subsidiary Alpha Oryx Limited. .
The holding company stated last September that it intends to list the Abu Dhabi Ports Company's shares on the Abu Dhabi market before the end of 2021, but it is not yet clear why the listing was not.< /p>