Industries Qatar Q.S.C. : IQ Clarification Statement

IQ Clarification StatementIn a brief statement to the Qatar Exchange, Industries Qatar confirmed that the QR 550.0 million equity restructuring proposed by the Board of Directors in their meeting convened on February 21, 2013 will result in the company's shareholders receiving an additional 10% of shares, i.e. 1 share for each 10 shares held, and total issued share capital increasing from 550 million shares to 605 million shares. The proposal is subject to approval by the general assembly.

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