Vodafone Qatar Capital Reduction

Doha, 10 October 2018: Vodafone Qatar has now obtained the approval of the Qatar Financial Markets Authority and the Ministry of Economy and Commerce to proceed with the implementation of the capital reduction. The transaction will involve a reduction in the share capital of the Company from QAR8,454,000,000 to QAR4,227,000,000 by means of reducing the nominal value of the shares of the Company from QAR 10 per share to QAR 5 per share. Vodafone Qatar will now complete the necessary formalities to authenticate the amendments to the Company’s Articles of Association approved by Vodafone Qatar’s shareholders at the Extraordinary General Assembly meeting of the Company held on 19 March 2018 to reflect the capital reduction and the relevant changes to its Commercial Register.


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