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Dandi Opens Shares for Public Subscription
Qatari Dandy Company announced that the Qatar Financial Markets Authority has approved the offering of 40% of its shares to the public, with a total offering size of up to 206.4 million Qatari Riyals. The shares will be listed on the Qatar Stock Exchange after the completion of the initial public offering, which will run from October 7 to October 20, 2026. The offering price will be fixed at 5 Qatari Riyals per share, with the institutional tranche heavily oversubscribed. Following the offering, institutional investors will retain a 60% stake in the company’s capital, while 40% will be freely traded on the market.
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