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Vodafone Qatar to list July 22
- Qatar: Thursday, July 16 - 2009 at 11:28
Vodafone Qatar has announced it will be listed on the Qatar Exchange on July 22 with foreigners allowed to trade in its shares. Once listed, 100% of the company's authorized share capital will be open to foreign investment, with no limits on foreign ownership, the company has said. The founders' shares, representing 60% of the authorised share capital, are blocked from trading for two years. As per rules, on the first day of listing Vodafone shares will be allowed to freely fluctuate, but from the next trading day the usual 10% cap will apply.
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StaffThursday, July 16 - 2009 at 11:28 UAE local time (GMT+4)
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