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Vodafone Qatar Q.S.C. Initial Public Offering Opens Tomorrow

Doha, 11 April, 2009: From Sunday 12 April 2009, Individual Investors and Institutional Investors will have the opportunity to become shareholders of Vodafone Qatar Q.S.C. (“Vodafone Qatar”), with the opening of the subscription period for the highly anticipated Initial Public Offering (“IPO”). Vodafone Qatar intends to list 40% of the company’s authorised share capital on the Doha Securities Market (“DSM”).

“We have been eagerly anticipating for some time the launch of our IPO when we can give Qataris the chance to become part of our quest to make a ‘world of difference’ for the people in Qatar. It’s an important milestone for us as Vodafone Qatar will become truly part of the community of Qatar,” commented Vodafone Qatar CEO Grahame Maher.

The Vodafone Qatar IPO details include:

  • Subscription for the IPO opens 12 April 2009 and close at 1pm on 26 April 2009.
  • The IPO will consist of 338,160,000 ordinary shares (“the Offer Shares”), representing 40 per cent of Vodafone Qatar’s authorised share capital.
  • The share price is QAR10 per Offer Share, with additional offering costs of QAR0.25 per Offer Share.
  • Only Qatari nationals (“Individual Investors”) and registered Qatari institutions and companies, that are 100% Qatari owned (“Institutional Investors”) can apply for Offer Shares in the IPO.
  • Allocation will be based on Individual Investors orders being allocated up to the first 2,500 Offer Shares of their order; with Institutional Investors being allocated up to the first 2,500
  • Offer Shares of their order thereafter. Following that process all orders will be filled on a pro rata basis.
  • Individual Investors will be able to apply for a minimum subscription of 250 Offer Shares with multiples of 50 Offer Shares thereafter. The maximum subscription of Offer Shares by an Individual Investor is 1,690,800 Offer Shares.
  • Institutional Investors will be able to apply for a minimum subscription of 25,000 Offer Shares with multiples of 500 Offer Shares thereafter. The maximum subscription by an Institutional Investor is 1,690,800 Offer Shares.
  • International investors will be able to buy Vodafone Qatar shares on the open market once it is listed on the Doha Securities Market after the IPO.
  • HSBC Bank Middle East Limited and Qatar National Bank S.A.Q. are acting as Joint Financial Advisers, Joint Lead Managers and Joint Lead Receiving Banks.

Individual Investors & Institutional Investors can obtain a Prospectus and subscribe for Offer Shares in Vodafone Qatar by visiting any of the following participating receiving banks:

Receiving BankParticipating branches
Qatar National Bank S.A.Q.All QNB and QNB Al Islami branches (except Head Office)
HSBC Bank Middle East LimitedMain Branch
Al Sadd Branch
West Bay Branch
Umm Saeed Branch
Financial Tower Branch
Qatar International Islamic Bank Q.S.C.Main Branch
Kahraba Branch
Gharafah Branch
Al Wakra Branch
Salwa Branch
Al Hilal Branch
West Bay Branch
Al Merqab Branch
Montaza Branch
Masraf Al Rayan Q.S.C.Grand Hamad Branch
Al Sadd Street Branch
Al Shafi Street Branch (Al Rayyan)
Commercial Bank of Qatar Q.S.C.Grand Hamad Branch
Bin Omran Branch
Souk Branch
Salwa Road Branch
Al Wakra Branch
Messaieed Branch
Al Khor Branch
Industrial Branch
Airport Branch
Landmark Branch
Villaggio Branch
City Centre Branch
Hyatt Branch
Al Rayyan Branch
Al Sadd Branch
HMC Branch
Westbay Lagoon Branch
CB Plaza Branch
Sadara - Wealth Management
Hamad Al Kabeer Branch - Corporate Services
West Bay Branch - Corporate Services

Al Safa Islamic Banking
Salata Branch
Grand Hamad Branch
Al Rayyan Branch
Al Wakra Branch
Messaeid Branch
Al Khor Branch
Al Ahli Bank Q.S.C.Salwa Branch
Merqab Branch
Airport Branch
Al Wakrah Branch
Al Mansoura Branch
Markhiya Branch
Al Khor Branch
C Ring Road Branch
Ras Abu Aboud Branch
Aziziya Branch
Naval Base Branch
Garrfah Branch
Mesaieed Branch
Abu Hamour Branch
Al Rayyan Branch
C Ring Road Branch - Islamic
Al Sadd Branch - Islamic
Doha Bank Q.S.C.City Centre Branch
International Bank of Qatar Q.S.C.Main Branch
C Ring Road Branch
West Bay Branch
Salwa Road Branch
Markhiya Branch
Qatar Islamic Bank S.A.Q.Al Fanar Branch
Salwa Road Branch
Al Gharrafah Branch
Al Sadd Branch
Al Khor Branch
Al Rayyan Branch
Airport Branch
Al Wakra Branch
Ras Laffan Branch
Bin Omran Ladies Branch
Modern Doha Branch
Umm Saeed Branch
Al Mansourah Branch
Al Ghuwaireeyyah Branch
Corporate Branch
Muaither Branch
Arab Bank plcGrand Hamad Branch
Al Sadd Branch
C Ring Road Branch
Mashreq Bank P.S.C. TV Roundabout Branch
C Ring Road Branch
Al Khalij Commercial Bank Q.S.C.C-Ring Road Branch
Q-Post Service Centre

 

SUBSCRIPTION INSTRUCTIONS

  • Completed subscription forms need to be submitted to one of the receiving banks by no later than 1pm on 26 April 2009.
  • Full payment for shares (including the Offering costs) will be required upon submission of subscription forms. Payment must be made by direct debit from funds held on account with any one of the receiving banks to Vodafone Qatar - Initial Public Offering. Payment may only be made by direct debit authorisation from accounts with any of the receiving banks. Cheques will not be accepted.
  • Any parties wishing to purchase shares on behalf of another person must provide a duly notarized power of attorney, annexed to the subscription form.

 

Further information about the IPO can be found at: www.vodafone.com.qa

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