Ooredoo Completes Fully Marketed Secondary Global Offering of Ooredoo's Shares Held by Abu Dhabi Investment Authority
Doha, November 19 (QNA) - Ooredoo Q.P.S.C. on Wednesday announced the successful completion of the previously announced secondary global offering by the Abu Dhabi Investment Authority (ADIA) launched on Nov. 17, 2025, at a price of QAR 12.50 per share, a c.5.7 percent discount from the closing price of the Shares on Nov. 19, 2025.
The Offering is comprised of a secondary global offering on the Qatar Stock Exchange (QSE) of 160,480,320 existing shares in Ooredoo by the Selling Shareholder, which constitutes 5.01 percent of the Company's outstanding share capital.
The Offering will generate approximately QAR 2,006,004,000 of gross proceeds for the Selling Shareholder upon settlement. The Offering is expected to close on Monday, Nov. 24, 2025.
All investors in the Offering will be able to trade their Shares once the shares have been crossed on the special trade segment of the QSE, which is expected to be shortly after market opening on Nov. 20, 2025.
Aziz Aluthman Fakhroo, CEO, Ooredoo, said: "We are encouraged by the strong investor demand for this offering. It demonstrates investors recognise the strength of our strategy and back our vision to become the leading digital infrastructure provider across our markets. Our proven track record of delivering strong shareholder returns underpins our confidence in the execution of our growth strategy. This offering increases our free float on the QSE from 22 percent to 27 percent - an uplift of almost 23 percent. This supports the full recognition of our fundamental value for all investors as we continue to establish market leadership in digital infrastructure." (QNA)
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