Baladna announces rights issue subscription results
Baladna Q.P.S.C. announced that the subscription period for its rights issue of 535,996,240 new ordinary shares at QAR 1.01 per share closed on August 17, 2026, and that the Qatar Financial Markets Au...
Qatar-based Baladna Q.P.S.C. has reported the results of its rights issue subscription period, which concluded on August 17, 2026. The company announced that 535,996,240 new ordinary shares were offered at a price of QAR 1.01 per share. According to a statement published on the Qatar Stock Exchange on Tuesday, 77.5% of the shares, amounting to 415,488,835, were subscribed by investors. The remaining 22.5% of shares, totaling 120,507,405, remained unsubscribed.
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