Power to build
strong communities



Transfer of shares held by Qatar Electricity and Water Company in Phoenix Power Company SAOG to Nebras Power 27 Sep 2016

Muscat (Tuesday 27 September, 2016)

Phoenix Power Company SAOG (the “Company”) advises the Capital Market Authority, the Muscat Securities Market and the investors’ community that Qatar Electricity and Water Company (Q.S.C.) (“QEWC”), one of the founder shareholders of the Company currently holding 9.75% of the issued share capital of the Company, has transferred its entire stake in the Company to one of QEWC’s affiliates in Qatar, Nebras Power (Q.S.C.).