OREANDA-NEWS. Qatar Gas Transport Company (Nakilat) announces the results of the Extraordinary General Meeting (EGM) held on 07/09/2015, and has ratified the proposed amendment to the Articles of Association as follows:

Resolution No ( 01/2015):

Article (1)

1- Amendment to first paragraph of Article (6)

Before amendment:

The issued and underwritten capital of the Company has been fixed at QR. 2,800,000,000 (Two Billion and Eight Hundred Million Qatari Riyals), divided into 280,000,000 (Two Hundred Eighty Million) shares, all of them are cash shares, nominal value of one share QR. 10/= (Ten) Qatari Riyals, plus 0.5% against issuance expenses. The 50% of the nominal value of the shares, which equals to QR. 1,400,000,000 (One Billion Four Hundred Million Riyals) along with the expenses of issuance to be paid at the establishment date. The remaining value of the shares to be paid within five years from the date in which the Company is established as per the schedules and methods defined by the Board of Directors.

After amendment:

The issued and underwritten capital of the Company has been fixed at QR. 5,540,263,600 (Five Billion Five Hundred and Forty Million and Two Hundred and Sixty  Three Thousands  and Six  Hundred Qatari Riyals),  divided into 554,026,360 (Five Hundred Fifty Four Million and Twenty Six Thousand and Three Hundred Sixty) shares. All of them are cash shares with nominal value of one share at QR. 10.