The Abu Dhabi Securities Exchange (ADX) announced that Foodco National Foodstuff P.J.S.C. listed its shares on the Second Market. You might know Foodco as the company that sells some of your kitchen staples such as Shahrazad and Mubarak rice and a variety of products under the Virginia and Al Safwa brands.
Foodco, which will trade under the symbol FNF, listed a total of 280 million shares with a nominal value of AED 1 each. This is ADX’s first listing of the year.