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QNB shares now allocated
QNB Group announced the completion of the final allocation of all shares in the initial public offering of Dandy Limited, which covered 40% of the company’s shares. The announcement paves the way for the completion of listing procedures, with trading expected to begin in November. A total of 41.2 million shares were allocated at QAR 5.01 per share, bringing the total offering value to QAR 206.412 million. The company’s market capitalization upon listing is expected to reach QAR 515 million.
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