Doha: Ooredoo Q.P.S.C. has announced the successful completion of its secondary global offering, initially declared by the Abu Dhabi Investment Authority (ADIA). This offering was launched on November 17, 2025, with shares priced at QAR 12.50 each, reflecting a 5.7 percent discount from the closing price on November 19, 2025.
According to Qatar News Agency, the offering involved a secondary global offering on the Qatar Stock Exchange (QSE) of 160,480,320 existing shares in Ooredoo by the Selling Shareholder. This represents 5.01 percent of the company's outstanding share capital. The gross proceeds from the offering are expected to reach approximately QAR 2,006,004,000 for the Selling Shareholder upon settlement, with the transaction anticipated to close on Monday, November 24, 2025.
Investors participating in the offering will be able to trade their shares once they have been crossed on the special trade segment of the QSE, which is expected to occur shortly after the market opens on November 20, 2025.
Aziz Aluthman Fakhroo, CEO of Ooredoo, commented on the strong investor demand for the offering, noting the demonstration of investor confidence in the company's strategy and vision to become a leading digital infrastructure provider. He highlighted that the offering increases the free float on the QSE from 22 percent to 27 percent, an uplift of almost 23 percent, supporting the recognition of the company's fundamental value for all investors as Ooredoo continues to pursue market leadership in digital infrastructure.