UAE technology services firm Alpha Data said on Thursday it plans to list on the Abu Dhabi Securities Exchange (ADX), offering 400 million shares, equal to 40% of its capital. The offering consists entirely of existing shares held by investors Bin Hamoodah and Ibbini Investment,

Alpha Data, an Abu Dhabi-based digital transformation services provider, plans to list 40 per cent of its issued share capital on the capital's bourse, amid economic momentum and a listing boom in the UAE.