IPO

Invest in water.
A valuable resource.

phase ii Offer

Phase II Offer of 15,104,400 Shares at Bzs 145 per Offer Share

Inclusive of Offer Expenses of Bzs 2 per Offer Share

Enriching

Owner of the largest seawater desalination plant in Oman

State-of-the-art

Leveraging high-efficiency RO (Reverse Osmosis) technology

Strategic

Strategic asset contributing an additional 20% of the Oman's total water production

Enriching

20-year water purchase agreement with the Government

Enriching

Strong and experienced shareholders

Enriching

Owner of the largest seawater desalination plant in Oman

Largest operating desalination plant in Oman, which caters to c.23% of the water demand in the Sultanate

Stable and predictable cash flows until 2038 backed by firm offtake arrangements withOPWP, hence resilient to potential shocks in water demand and electricity prices

Anchor Investors in the IPO - NationalPower and Water Co. LLC, an investment arm of Bahwan Engineering Group and Bank Muscat SAOG have committed to invest up to 10% each of the IPO at Bzs 145 per share

Backed by experienced project founders with an established track record ensuring transfer of skills and know-how

important dates

Phase II Offer Opens: 8 February 2022
Phase II Offer Closes: 14 February 2022

Downloads

How to apply

Applications only through E-IPO

Investors who wish to subscribe will have to examine and carefully review the Prospectus in order to decide whether it would be appropriate to invest in the Offer Shares. Investors willing to subscribe should contact their collection brokers or apply through the Collecting Banks' digital channels or by filling the application form on the Muscat Clearing & Depository website (www.mcd.gov.om) and submitting it to the Collection Banks.

Collection agents
Contact
For any queries on the IPO or subscription process, contact
disclaimer
This information should be read in relation to the Prospectus of the IPO. All abbreviations have the same meaning as mentioned therein. Investing in shares involves certain risks as described in Chapter 13 (Risk Factors and Methods of Mitigation) of the Prospectus.