OQEP Launches Oman’s Largest Public Share Offering with 2 Billion Shares

The subscription, open from September 30 to October 10, 2024, is divided into three categories: institutions, individuals, and major investors. Institutional investors can build an order book within a price range of 370-390 baisas per share, while Omani individuals will receive a discounted price of 351 baisas. Non-Omanis will pay 390 baisas per share.

The offering allocates 40% to institutions, 40% to individuals, and 20% to major investors. Minimum subscriptions range from 500 shares for individuals to 100,000 shares for institutions.

Source : www.omannews.gov.om