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2025-11-17
Doha, Qatar - 17 November 2025: Ooredoo Q.P.S.C. (QSE: ORDS) (ADX: ORDS) (“Ooredoo” or “the Company”), an international communications Company operating across the Middle East, North Africa, and Southeast Asia, today announces the launch of a secondary global offering (the “Offering”) of ordinary shares of the Company (the “Shares”). The Shares will be offered by the Abu Dhabi Investment Authority (“ADIA” or the “Selling Shareholder”). The Company will not be offering any Shares in the Offering. Offering Highlights · The Offering comprises of a secondary global offering on the Qatar Stock Exchange of up to 160,480,320 existing Shares in Ooredoo by the Selling Shareholder, which constitutes 5.01% per cent of the Company’s outstanding share capital. · ADIA currently owns 320,319,940 existing Shares in Ooredoo, representing nearly 10% of the Company’s share capital. Following the Offering, ADIA will continue to own 4.99% of Shares (if all Shares are sold). · The price range is QAR 12.40 to QAR 13.00 per Share (the “Offer Price Range”). · The final price per Share (“Offer Price”) will be determined via a bookbuilding process and announced on Wednesday 19 November 2025. · The subscription period commences on Tuesday 18 November 2025 and is expected to close on Wednesday 19 November 2025, subject to acceleration at ADIA’s sole discretion. · In relation to the Offering, Ooredoo may hold a series of meetings with institutional investors ahead of the closing of the subscription period. · The first day of trading is expected to take place on Thursday 20 November 2025, with settlement expected to take place on Monday 24 November 2025 (the “Closing Date”). Details of the Offering · The Offering will be open to institutional investors outside of the US in reliance on Regulation S under the US Securities Act of 1933, as amended, and within the US to Qualified Institutional Buyers pursuant to Rule 144A under the U.S. Securities Act. In Qatar, the Offering is only open to Qualified Investors as defined by the Qatar Financial Markets Authority (“QFMA”), and will not be available to the public in Qatar or any other jurisdiction. · The Company will not receive any proceeds from the sale of the Shares. · The Offering will not result in any dilution of ownership rights in the Company for the existing shareholders of the Company. · The Offering is being conducted, among other reasons, to allow the Selling Shareholder to sell part of its shareholding to new investors, while providing increased trading liquidity in the Shares and raising the Company’s profile with the international investment community. · The Offering will be subject to a customary 180-day lock-up for the Selling Shareholder (to the extent it retains any Shares after the Closing Date), subject to certain exceptions and unless waived by the Joint Global Coordinators. · Additionally, the Company is restricted from issuing or transferring Shares, or entering into shares related transactions, for 90 days after the Closing Date, in accordance with Qatar regulations. · Citigroup Global Markets Limited, HSBC Bank Middle East Limited and QNB Capital LLC have been appointed as Joint Global Coordinators and Joint Bookrunners. Aziz Aluthman Fakhroo, CEO, Ooredoo, said: “I would like to express our gratitu