Qatar Stock Exchange, Baladna announce successful completion of Baladna’s capital increase and listing of new shares

Doha, Qatar - Qatar Stock Exchange (QSE) and Baladna Q.P.S.C. have successfully completed Baladna's capital increase through a rights issue, with the newly issued shares now trading on QSE. The issuance comprised 535,996,240 new shares offered on a one-for-four basis to existing shareholders at a subscription price of QAR 1.01 per share.

The subscription period closed on August 17, 2026, and the full sale of 120,507,405 unsubscribed shares occurred at the start of the trading session on the day of completion, resulting in 100% coverage of the new shares offered.

Post-transaction, Baladna's issued and paid-up share capital increased from QAR 2,143,984,962 to QAR 2,679,981,202, representing a 25% rise. The Company's shares, which now stand at 2,679,981,202, saw an increase in value following the completion of the transaction, closing the trading session up 1.51% at QAR 1.28.

Moutaz Al-Khayyat, Chairman of Baladna, expressed that the successful completion of this capital increase marks a significant milestone in the Company's growth journey, reflecting strong confidence from shareholders. The additional capital will enable Baladna to accelerate expansion plans, strengthen production capacity, and enhance its presence in regional and international markets, contributing to sustainable food security.

Abdulla Mohammed Al Ansari, Chief Executive Officer of QSE, highlighted that the completion of the listing of Baladna's capital increase shares signifies an important milestone, underscoring QSE's role in enabling companies to access capital markets and benefit from diverse financing solutions that support their growth and expansion. The successful execution of this transaction also demonstrates the efficiency of collaboration among regulatory authorities, market infrastructure institutions, and market participants.

This transaction reflects Baladna's ongoing strategy to strengthen its capital base and diversify financing sources to support its regional and international expansion plans, further solidifying its leading position in the dairy and beverage sector. It also underscores QSE's commitment to the market's development, broadening the range of financing and investment solutions for companies seeking to raise capital.