Qatar Stock Exchange (QSE) is pleased to announce that the shares of Qatar Electronic Systems Company (Techno Q) QPSC will be admitted to trading on QSE’s Venture’s Market (QEVM) as of Wednesday 26 June 2024, after obtaining the QFMA’s and the QSE’s boards approvals thereon, and after completing all necessary technical, regulatory, and administrative procedures. With the listing of Qatar Electronic Systems Company (Techno Q) QPSC, the number of companies that have been listed on the QEVM has increased to four companies since the inception of the market in 2021. shares of Qatar Electronic Systems Company (Techno Q) QPSC Q share capital, amounting to 84.5 million shares, will be listed through direct listing without offering shares for public subscription. Companies applying for listing in the QEVM are required to have at least 20 non-founding shareholders who own no less than 10% of the company's capital upon listing. The founders will also be allowed to sell and trade no more than 30% of their shares in the company’s capital upon listing, provided that they retain 60% of their shares in the company’s capital. The shares of Qatar Electronic Systems Company (Techno Q) QPSC will be listed with the symbol "TQES". The reference price for the share was set at 2.9 Qatari riyals (1 Qatari riyal nominal value + 1.9 Qatari riyal issuance premium) based on the documents submitted by the company. On the first day of listing, the company’s price will be floated, while starting from the second day, the price will be allowed to fluctuate by 10%, up or down, as is the case for other companies listed on the market. There will be no change in the time of the trading session during the first day of listing and the pre-open phase will remain at 9:00 am as usual. The data of the company's shareholders will be available to the brokerage firms as of Sunday 23 June 2024, so the shareholders will be able to submit their buy/sell orders directly to the brokers as of that date. The Qatar Stock Exchange would like to draw the attention of investors to the importance of reviewing listing prospectus of Qatar Electronic Systems Company (Techno Q) QPSC, which is available on QSE’s and the company’s websites. It is noteworthy that Qatar Electronic Systems Company (Techno Q) QPSC was established in Qatar in 1996 operating in the AV, hospitality and lighting segment through its own operation and in the ELV and security systems segment through its fully owned subsidiary Techno Q Security Systems WLL.