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Dear Investor,

Do you want to know more about the forthcoming IPO of MPHC ?
This page should answer most of your questions.
Please also consult our FAQ page.

Qualified Investors

The IPO is only open within Qatar to individual Qatari nationals and certain selected Qatari institutions.
Adult family members and legal guardians can apply to subscribe for Shares on behalf of their children and minors.

Subscription period

Applications for the IPO shares (the "Offer Shares") must be received by the receiving banks from 31 December 2013 to 21 January 2014.

Receiving banks

The receiving banks and their participating branches are:

The Lead Receiving Bank:

• Qatar National Bank (All branches in Qatar)
  
  

The participating branches of the following banks:

• Al Ahli Bank (Salwa, Al Sadd, Mirqab, Wakra, Al Khor, Rayyan)
• Al Khaliji Commercial Bank (Head Office Doha, Bin Omran, C-Ring Road)
• Arab Bank (Doha Main branch, Al Sadd, C-Ring Road)
• Barwa Bank (Doha Main branch, Al Sadd, Al Shafi, Al Fardan Towers)
• Commercial Bank of Qatar (All retail branches in Qatar)
• Doha Bank (IPO Center, 5th floor, Main Branch, Doha)
• International Bank of Qatar (Doha Main Branch)
• Mashreq Bank (C-Ring Road)
• Masraf Al Rayan (Al Sadd, Grand Hamad, Doha City Centre, Qatar University, Salwa, C-Ring Road, Wathnan, Wakra, Qatar Olympic Committee Building [West bay])
• Qatar International Islamic Bank (Kahraba, Al Hilal, Bin Omran, Al Khuraytiyat, Gharafa, Salwa, West bay, Mirqab, Wakra)
• Qatar Islamic Bank (Gharafa, Airport, Al Khuraytiyat, Wakra, Al Sadd, Salwa, Rayyan, Fanar, Al Khor, C-Ring Road)

A copy of the prospectus and the application form can be obtained from, and completed application forms may be submitted at, participating branches of the receiving banks in Qatar.

Minimum & Maximum Amount of shares

The minimum application by an individual investor is set at 50 shares. No application by an individual investor for less than 50 shares shall be accepted. Subscriptions between 50 and 750 shares will be allotted in full.

The maximum application by an individual investor is set at 1,000,000 Offer Shares. No application by an individual investor exceeding this number shall be accepted.

Incentive Mechanism

It is the stated policy of the State of Qatar to encourage long-term investments and the continued development of a personal savings culture in Qatar. In line with that policy, Qatar Petroleum has committed that each Qatari national who subscribes in the IPO will receive, for each Offer Share allocated to him or her in the IPO, the conditional right to receive an incentive share ("Incentive Share") free of charge.

Incentive Shares are ordinary shares of MPHC currently held by QP. 50% of the Incentive Shares will be awarded on the date falling 5 years from the IPO date and the remaining 50% will be awarded 10 years after the date of the IPO. However, the right to receive Incentive Shares is conditional. Incentive Shares will be only awarded to Qatari nationals who have retained at all times at least 50% of their Offer Shares by such dates. Incentive Shares only attach to Offer Shares acquired by Individual Investors in the IPO. No Incentive shares are attached to shares purchased in the market following the IPO.

Protected amount

In order to prevent an individual investor from unintentionally or inadvertently forfeiting the right to receive Incentive Shares, MPHC will enter into certain arrangements with the Qatar Exchange to automatically prevent more than 50% of investors' shares being transferred or sold until the second award date. The amount of shares subject to such block is referred to as the protected shares.

An adult individual investor is free to override such block by formally applying to the Qatar Exchange to have the block on his or her protected shares lifted. Such an individual investor will be required to complete and submit to the Qatar Exchange an "Application to Release Protected Amount Acquired at the IPO". Unless otherwise permitted by the Qatar Exchange, this will require the individual investor to attend in person the offices of the Qatar Exchange in Doha.

In order to safeguard the value of investments in the Company made by or on behalf of minors, the block on a minor's Protected Amount may not, for as long as such minor remains a minor, be voluntarily lifted.

Dividend distribution

Shares acquired at the IPO, as well as the free Incentive Shares, are ordinary shares that will be entitled to dividend payments.

The Allocation Policy

Allocations to individual investors will be made in whole numbers of shares. In excess of the Minimum Allocation, IPO shares will be allocated in tranches, as follows:

• In the first allocation tranche, subscriptions of between 50 and 750 Offer Shares (inclusive) will be allotted in full.
• In the second allocation tranche, subscriptions above 750 shares will be allotted equally in multiples of 50 shares, provided and to the extent that the number of remaining Offer Shares available for subscription is sufficient to satisfy all such subscriptions in full and equally.
• If no multiple of 50 shares is remaining for allotment, the remaining shares will be distributed equally to all remaining shareholders.