"KAMCO" adviser for the issue in the capital increase "KEPCO"

KAMCO Investments has announced that it has acted as lead advisor and underwriting agent for KIPCO's capital increase.

The total number of shares subscribed amounted to 529.89 million ordinary shares, while the total number of shares offered rose to 452.75 million. This led to an oversubscription of 1.17 times at a cost price of 210 wires per share. This represents 111.28 million dinars compared to the value of the offered shares of 95.08 million dinars.

The IPO increased KIPCO's issued and paid-up capital from 154.73 million KD to 200.00 KD through the issuance of 452.75 million new ordinary shares, which represents approximately 29.3% of the issued capital and the current paid-up capital.