The Capital Markets Authority issued Decision No. (31) of 2025 concerning a special marketing license for a collective investment scheme established outside the State of Kuwait, granted to OTC 320 Watani Investment Company to market 12,000,000 shares (only twelve million shares) of the shares of the Leasing and Finance Fund 6 (GBP) LTD, a limited liability fund established in the Cayman Islands. The offering price is set at £10 (only ten British pounds) per share, in addition to a subscription commission of up to 2.25%, payable once at the time of subscription.
The shares to be marketed within the State of Kuwait will be offered exclusively to professional clients, as stipulated in the definitions section of the Executive Regulations of Law No. 7 of 2010, which established the Capital Markets Authority and regulates securities activities and its amendments. The entities receiving subscription requests are:
• National Investment Company.
• National Bank of Kuwait.
Additionally, it was decided that the marketing license will be valid for one year, renewable annually, starting from the date of issuance of the Authority's license certificate and after the payment of the prescribed fees, which must be paid within one month from the date of this decision. If the fees are not paid within the specified period, the decision will be considered null and void.