The Capital Markets Authority (CMA) issued today, Monday, Decision No. (180) of 2025 regarding a private placement marketing license for a collective investment scheme established outside the State of Kuwait.

The license is granted to Watani Investment Company ( NBK Capital) for the purpose of marketing shares of the Leasing and Finance Fund 8 (GBP) LTD.

According to the CMA’s statement, NBK Capital is authorized to privately market 12,100,000 shares (only twelve million one hundred thousand shares) of the Leasing and Finance Fund 8 (GBP) LTD within the State of Kuwait.

The fund is domiciled in the Cayman Islands. The offering price is set at GBP 10 per share, with a one-time subscription fee of up to 2.25% of the invested amount, payable upon subscription.

The shares to be marketed in Kuwait are intended for professional clients only, as defined in Book One (Definitions) of the Executive Bylaws of Law No. 7 of 2010 concerning the establishment of the Capital Markets Authority and the regulation of securities activity and its amendments.

The entities authorized to receive subscription applications are:

• NBK Capital
• National Bank of Kuwait (NBK)

The objectives of the collective investment scheme are defined in the prospectus. The marketing license is valid for one year starting from the date of issuance of the CMA license certificate, provided that the applicable fees are paid.

Fees must be settled within one month from the issuance date of this decision. Failure to pay within the specified period will render the decision null and void.

All parties concerned are instructed to implement this decision as it applies to them, effective from the date of issuance, and it will be published in the Official Gazette.