Mesaieed Petrochemical Holding Company (“MPHC” or “the Company”; QE:MPHC), one of the region’s premier diversified petrochemical conglomerates with interests in the production of olefins, polyolefins,
alpha olefins and chlor-alkali products, announces that QatarEnergy – the founder and main shareholder of the Company- wishes to inform eligible MPHC shareholders at closing of Qatar Stock Exchange on 31st December 2023 and as outlined in the Initial Public Offering (IPO) Prospectus, they will receive a second and last free incentive shares distribution. This distribution will be equivalent to 50% of the shares initially allocated to shareholders during the IPO of MPHC.
The free incentive shares are ordinary shares with equal rights to capital shares. This distribution will not add to or alter the share capital of the Company, as the distribution will be from QatarEnergy's shareholding in MPHC.
