Vodafone Qatar CEO confident on IPO
The IPO of Vodafone Qatar has seen strong response, the operator told reporters. The listing, which started on April 15, is progressing well and has seen significant interest from institutional investors, Vodafone Qatar CEO Grahame Maher told Reuters.
The operator plans to raise QAR3.38bn (US$929.1m) in the listing which closed on April 26 and is limited to Qataris and Qatari institutions. The 3338.1 million shares are on offer for QAR10.25 each.
HSBC Holding and Qatar National Bank are advising on the sale.
