QInvest LLC, acting in its capacity as Listing Advisor and Offering Manager on the potential initial public offering (the “IPO”) of MEEZA QSTP LLC (the “Company”), a leading provider of end-to-end IT services in Qatar, hereby announces the price range for the IPO, as well as the commencement of the book building period for the IPO, in accordance with the details set out below.
During the Book Building Subscription Period (as defined below), only Qualified Investors (as defined below) can review the details related to the IPO in the Company’s Offering Prospectus (the “Offering Prospectus”), which will be made available to the Qualified Investors upon commencement of the book building process. 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.
This announcement relates specifically to the Book Building Subscription Period for Qualified Investors in accordance with the QFMA book building mechanism. The Offering Manager and Listing Adviser and the Company will issue separate announcements for the intention to float in relation to the Offering for individual and corporate public investors in due course.
