Qatar Oman Investment Company stands today at a pivotal turning point to rectify its financial course.
This capital reduction is not merely an accounting procedure, but a strategic “relaunch.”
Over the recent period the company faced challenges that led to accumulated losses affecting its financial position.
Today, through this capital reduction, we are fully absorbing these losses, thereby liberating the company’s balance sheet from previous burdens.
Qatar Oman Investment Company announces the completion of all official and legal procedures and the receipt of all regulatory approvals to implement the capital reduction process. This follows the resolution of the Extraordinary General Assembly held on December 31, 2025, aimed at offsetting total accumulated losses amounting to QAR 157,481,389, which represents 49.99% of the company’s total capital (QAR 315,000,000).
The total accumulated losses will be offset through:
1) Reducing the share capital by 42.86%, equivalent to QAR 135,000,000.
2) Reducing the legal reserve by 98.09%, equivalent to QAR 22,481,389.
Summary:
The company’s accumulated losses of QAR 157,481,389 (representing 49.99% of total capital) have been extinguished by reducing the share capital by 42.86% (QAR 135,000,000) as of October 31, 2025, and reducing the legal reserve by 98.09% (QAR 22,481,389) as of the same date.
Following the reduction, the company’s share capital as of December 31, 2025, stands at QAR 180,000,000, divided into 180,000,000 shares with a nominal value of QAR 1 per share. The legal reserve as of October 31, 2025, stands at QAR 438,795.
This capital reduction was presented to and approved by the Extraordinary General Assembly on 31/12/2025. The Chairman of the Board and the CEO were authorized to finalize the necessary procedures, and accordingly, the Articles of Association and the Commercial Register have been amended.
* The company’s shares will continue to trade based on the previous capital as usual until the end of the trading session on Thursday, February 19, 2026 , The capital reduction and reference price adjustment will take place after that session.
* Trading with the new capital and the adjusted reference price will resume starting from the trading session on Sunday, February 22, 2026, The capital reduction formula will follow the procedures adopted by the QE, QCSD, and relevant regulatory authorities.
Example:
* A shareholder owning 1,000 shares before the reduction at a closing price of QAR 0.53 (for example).
* At the opening of the first session after the reduction, the shareholder will own: 1,000 X 57.14% = 571 shares
* The Reference Price for the opening of the first session after the reduction will be:
( Number of shares before reduction X Previous closing price ) ÷ Number of shares after reduction = ( 315,000,000 shares X QR 0.53÷180,000,000 shares ) = QR 0.93
* The total value of the shares before the reduction will be equal to the total value of the shares at the opening on the day of implementation.
This decision was only taken after appointing an external auditor as a consultant to produce accurate financial statements as of 31/10/2025, and following an extensive study of the current financial situation and future aspirations. The primary objective of this step is to restructure the capital to align with the company’s actual needs.
This procedure will pave the way for distributing cash dividends once operational profits are achieved in the coming years—a move that was previously impossible due to accumulated losses.
This step is considered a “New Beginning” that enables the company to focus on promising growth opportunities and achieve its strategy for 2026 and beyond.