QInvest Announcing Extending the Book Building Subscription Period until 9 February for the Potential IPO of MEEZA
• Qualified Investors are engaged in discussions for orders, and have requested an extension of the subscription period.
• Regulatory approval to extend has been received, Qualified Investors will use this extension to finalize internal approvals and submit their orders.
Doha, 30 January 2023
QInvest LLC, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, acting in its capacity as Listing Advisor and Offering Manager on the potential initial public offering of MEEZA QSTP LLC, a leading provider of end-to-end IT services in Qatar, hereby announces, as per Qualified Investors request, extending the Book Building Subscription Period by 10 business days to end at 3:00PM local time on 9 February 2023. Qualified Investors will use this extension to finalize internal approvals and submit their orders.
During the Book Building Subscription Period, only Qualified Investors can review the details related to the IPO. The purpose of the book building mechanism is to quantify Qualified Investors demand based on the Price Range, in order to set the final Offer Share price for the Offering. The Book Building Subscription Period for Qualified Investors is in accordance with the book building mechanism issued by the Qatar Financial Markets Authority.
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