Vodafone Qatar Q.S.C. Initial Public Offering fully subscribed
Doha, 30 April, 2009: Following the closure of the subscription period of its Initial Public Offering ("IPO"), Vodafone Qatar Q.S.C. ("Vodafone Qatar") announced today that the issue has been fully subscribed.
Allocation of shares will be finalized on or before 10 May 2009 and shareholders will be advised of their subscriptions by SMS during this period, mail notifications will follow
Vodafone Qatar CEO, Graham Maher commented: "We are delighted by the huge interest from both Individual and Institutional Investors and look forward to Vodafone Qatar's listing and trading on the DSM. The success of this IPO also proves the underlying strength of the Qatari market and investor confidence in Vodafone."
Further information about the IPO which includes details on the allotment process can be found at: www.vodafone.com.qa
A press conference with further details will be held at 12 noon on 3 May 2009 at the W Hotel.