Digitus Group Announces Capital Increase Prospectus Following CMA Approval
Digitus Group for Digital Infrastructure and Data Centers K.S.C. (Closed) has announced the issuance of its Capital Increase Prospectus, following approval from the Capital Markets Authority (CMA) of the State of Kuwait, in accordance with Law No. (7) of 2010 and its Executive Bylaws, as amended.
This capital increase forms part of the Group’s broader efforts to strengthen its financial position and support its long-term strategic objectives, in line with regulatory requirements and corporate governance standards.
Capital Increase Overview
As outlined in the Prospectus, the Company intends to increase its capital through the issuance of new ordinary shares with pre-emptive rights for existing shareholders, enabling eligible shareholders to maintain their ownership percentages by exercising their rights during the subscription period.
Key details of the offering include:
- Number of shares offered: Up to 60,000,000 ordinary shares
- Nominal value per share: KWD 0.100
- Issue price: KWD 0.100 per share, with no premium
- Total offering value: KWD 6,000,000
Subscription Period and Eligibility
The subscription period is scheduled to run:
- From 4 February 2026
- Until 18 February 2026
Subscription is limited to shareholders registered as of the entitlement date, as well as holders of subscription rights, in accordance with the terms and mechanisms detailed in the Prospectus.
Use of Proceeds
According to the Prospectus, the proceeds from the capital increase will be utilized to:
- Strengthen the Company’s capital base
- Improve its financial position
- Support operational requirements and future strategic initiatives
Regulatory and Advisory Framework
The Prospectus has been prepared and approved under the supervision of the Capital Markets Authority of Kuwait, in compliance with applicable regulatory requirements.
Kamco Invest K.S.C. (Public) has been appointed as Issue Manager and Subscription Agent, as stated in the Prospectus.
Legal Disclaimer
This announcement is intended for informational purposes only and does not constitute an invitation, solicitation, or recommendation to subscribe or invest in the Company’s shares. Interested parties should carefully review the full Capital Increase Prospectus, attached herein, and seek independent professional advice before making any investment decision.
The full Capital Increase Prospectus is available as an attachment to this announcement.