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Pure Health PJSC Rings the Bell at ADX in Momentous IPO Ceremony

Dhabi, December 20, 2023 — Today marked a historic moment for Pure Health PJSC as the bell rang at the Abu Dhabi Securities Exchange (ADX), announcing the commencement of trading for its shares. The ceremony not only celebrated the successful IPO of Pure Health PJSC but also marked the final Initial Public Offering (IPO) to take place in 2023.

Representing First Abu Dhabi Bank (FAB), IN’P IBRAHIM .N. PARTNERS played a pivotal role in ensuring the success of this groundbreaking IPO.

This achievement marks the 6th IPO led by IBRAHIM .N. PARTNERS, underscoring the firm’s dominating position in the capital markets of the UAE. Notably, this is the second consecutive year in a row in which IN’P IBRAHIM .N. PARTNERS has spearheaded six IPOs in a single calendar year. With a total of 12 IPOs over the past two calendar years, the firm has set a new record, surpassing any other local law firm in the UAE.

We are thrilled to have played a key role in the success of Pure Health PJSC’s IPO and to have represented First Abu Dhabi Bank as the lead manager,” said Ahmed Ibrahim, Managing Partners at IN’P IBRAHIM .N. PARTNERS. “This accomplishment reflects our commitment to excellence and our firm belief in the potential of the UAE’s capital markets.”

Pure Health PJSC’s IPO marks another milestone in the vibrant economic landscape of the UAE, and IN’P IBRAHIM .N. PARTNERS continues to be at the forefront of facilitating such transformative financial transactions.

For media inquiries, please contact:

Mustapha Sadeq, Office Manager, IBRAHIM .N. PARTNERS, m.sadeq@inp.legal


IBRAHIM & PARTNERS is an independent MENA-region law firm based in the ADGM, Abu Dhabi, led by our Managing Partner, Ahmed Ibrahim, and is comprised of a team of lawyers that are experts in advising on all aspects of UAE law. We advise both local and international companies on a full range of issues from contentious and non-contentious corporate and commercial matters, including major project work, establishing, and conducting business across the Emirates, joint ventures, mergers and acquisitions, equity capital market, legal due diligence/audit, employment matters, property, structuring, distributions and franchise arrangements.