It can be recalled that PureHealth Holding PJSC (Public Joint Stock Company under incorporation), the largest healthcare platform in the Middle East, recently announced its intention to launch an initial public offering (IPO) and to list its shares on the Abu Dhabi Securities Exchange (ADX).
Assuming regulatory approvals and other relevant considerations are met, ADX is anticipated to begin trading in December 2023, subject to obtaining necessary regulatory approvals.

In PureHealth, there are currently two shareholders: Alpha Dhabi Holding (ADX:ALPHADHABI) and International Holding Company (IHC) Healthcare Holding LLC, which are subsidiaries of Abu Dhabi-based conglomerate IHC, and ADQ, a wholly owned subsidiary of the Abu Dhabi-based investment and holding company, which is a subsidiary of ADQ.
In the past few years, PureHealth has been on a journey of consolidation and growth.. There are over 25 hospitals, 100 clinics, multiple diagnostic centers, health insurance solutions, pharmacies, health technology, and procurement in PureHealth's UAE portfolio, which includes an array of medical facilities, health insurance solutions, pharmacies, health tech, and procurement services. Additionally, PureHealth is actively expanding its global presence including the acquisition of a 100 percent stake in Circle Health Group, the biggest independent hospital operator in the UK, marking a significant milestone in the company's efforts to build a global healthcare system that revolutionizes patient care worldwide.. By the end of May 2023, PureHealth completed its acquisition of Ardent Health Services, which is the fourth largest private healthcare group in the United States, thus becoming the only Middle East healthcare provider to acquire assets in US hospitals and clinics through direct acquisitions
By the end of May 2023, PureHealth completed its acquisition of Ardent Health Services, which is the fourth largest private healthcare group in the United States, thus becoming the only Middle East healthcare provider to acquire assets in US hospitals and clinics through direct acquisitions
There is no doubt that PureHealth is committed to raising the bar for healthcare excellence, facilitating the development of cutting edge healthcare solutions, and advancing the science of longevity in healthcare. With PureHealth, we aim to remain at the forefront of advancing health systems and envisioning the future of healthcare by achieving our stated purpose.
Hamad Al Hammadi, Chairman of the PureHealth Board of Directors, remarked that "healthcare is one of the most fundamental pillars of any society that is thriving". It is our belief that PureHealth will continue to drive forward and effect positive change within the industry through the power of innovation and progress, which have brought the company to the cusp of this major milestone.. With the planned listing, PureHealth will be able to claim a position among the world's leading healthcare groups, proving the continued dynamism and vibrancy of Abu Dhabi's capital markets. As a result, PureHealth will benefit a growing number of countries while reliably executing the development objectives of our nation at the same time.
With the planned listing, PureHealth will be able to claim a position among the world's leading healthcare groups, proving the continued dynamism and vibrancy of Abu Dhabi's capital markets. As a result, PureHealth will benefit a growing number of countries while reliably executing the development objectives of our nation at the same time.
According to Farhan Malik, Managing Director of PureHealth, the company is very pleased to announce its intention to list PureHealth on the Abu Dhabi Securities Exchange. As a result of the IPO, PureHealth will be able to consolidate its position as a national champion and expand its reach and depth of innovative healthcare technology and healthcare innovation for patients, as well as expand globally through acquisitions and position Abu Dhabi at the forefront of health care globally.. By launching this IPO, Abu Dhabi will position itself as a frontrunner in global healthcare, aligned with the UAE leadership's vision for a progressive and sustainable society. There is no doubt that this is a critical milestone for the UAE as PureHealth continues to revolutionize healthcare as it deploys health technology platforms and expands internationally, with the aim of providing the best healthcare to Abu Dhabi and the world at large.
 There is no doubt that this is a critical milestone for the UAE as PureHealth continues to revolutionize healthcare as it deploys health technology platforms and expands internationally, with the aim of providing the best healthcare to Abu Dhabi and the world at large.

Source prnewswire