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Splitting the Shares’ Nominal Value of Qatar General Insurance and Reinsurance Co. Q.P.S.C.

10 June 2019

Qatar General Insurance and Reinsurance Co. Q.P.S.C hereby inform its Shareholders that, pursuant to the schedule issued by “Qatar Stock Exchange”, it is set to execute the splitting of the Company’s shares’ nominal value on the day of 30/06/2019 (following the end of the trading session) from (10) Ten Qatari Riyals per share to (1) One Qatari Riyal.

 

It is to be noted that the new nominal and share-adjusted market value shall be traded on the following business day (i.e. 01/07/2019), whereby the new market value of the share shall be the total after dividing the last market value of the share before splitting (the closing price on the day before the splitting date) by 10, and the quantity (number of shares) in the Shareholder’s portfolio shall be equal to the quantity held by such shareholder on the day preceding the splitting date multiplied by 10.

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