DUKHAN BANK SHARES TO BE LISTED ON QATAR STOCK EXCHANGE ON TUESDAY 21 FEBRUARY 2023 AND SHAREHOLDERS’ DATA WILL BE AVAILABLE AT BROKERAGE FIRMS BY WEDNESDAY 15 FEBRUARY 2023

Qatar Stock Exchange (QSE) is pleased to announce that the shares of Dukhan Bank will be admitted to trading on QSE’s main market as of Tuesday 21 February 2023, after obtaining the QFMA’s and the QSE’s boards approvals thereon, and after completing all necessary technical, regulatory, and administrative procedures. With the listing of Dukhan Bank, the number of companies listed on QSE’s main market will increase to 50.

Following the adoption of new measures that would encourage more companies to list on QSE’s market, all of Dukhan Bank share capital, amounting to 5.234 billion shares, will be listed through direct listing without offering shares for public subscription, which requires the presence of at least 100 shareholders who own no less than 25% of the company’s capital upon listing, according to the offering and listing regulations issued by the QFMA, which was adopted as of 1 April 2021.

The QSE avails this opportunity to express thanks to the Qatar Financial Markets Authority (QFMA) for supporting the QSE and its constant efforts to develop the rules and regulations in force in the market.

The shares of Dukhan Bank will be listed with the symbol "DUBK" in the Banks & Financial Services sector, and the Bank’s price will be floating on the first day of listing, while starting from the second day, the price will be allowed to fluctuate by 10%, up or down, as is the case for other companies listed on the market.

There will be no change in the time of the trading session during the first day of listing and the pre-open period will remain at 9:00 am as usual.

The data of the company's subscribed shareholders will be available to the brokerage firms as of Wednesday 15 February 2023, so the shareholders will be able to submit their buy/sell orders directly to the brokers as of that date.

The Qatar Stock Exchange would like to draw the attention of investors to the importance of reviewing listing prospectus of Dukhan Bank, which is available on QSE’s and the Bank’s websites.

Dukhan Bank was established in 2008 under the name of Barwa Bank, then it merged with Qatar International Bank in April 2019, and in October 2020 the bank changed its brand to Dukhan Bank, with an authorized and issued capital of 5.234 billion Qatari riyals, which is Paid in full at 100%. The main activities of Dukhan Bank are to carry out, whether for its own account or for the account of others, or to participate with it at home and abroad, in all aspects of banking, financing, investment, real estate and social services activities, in accordance with the provisions of Islamic Sharia.

To view listing prospectus of Dukhan Bank, click here