Ministerial Decision

Capital Market Authority: Decision 2/2019 Issuing the Acquisition and Takeover Regulation

2019/2 2/2019


Based on the Capital Market Law promulgated by Royal Decree 80/98,

the Executive Regulation of the Capital Market Law issued by Decision 1/2009,

the approval of the Board of Directors of the Capital Market Authority,

and the approval of the Ministry of Finance,

and in pursuance of public interest,

it is hereby decided

Article I

The provisions of the attached regulation shall apply in regard to the acquisition and takeover of the shares of a public joint stock company listed on the Muscat Securities Market.

Article II

All that is contrary to the attached regulation, or in conflict with its provisions, is hereby repealed.

Article III

This decision shall be published in the Official Gazette, and comes into force on the day following the date of its publication.

Issued on: 3 Ramadan 1440
Corresponding to: 9 May 2019

Yahya bin Said bin Abdullah Al-Jabri
Chairman of the Board of Directors of the Capital Market Authority

Published in Official Gazette 1293 issued on 19 May 2019.

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