Oman India Fertiliser Company SAOG (under transformation), an integrated producer of anhydrous ammonia and granular urea, today announces the price range and details of the subscription periods for its initial public offering on MSX.

The Offering Document has been approved by the Financial Services Authority (“FSA”) of the Sultanate of Oman.

Details of the Offer Price Range and Subscription Process

The Selling Shareholders, intend to offer 25% of the Company’s existing ordinary shares. Immediately following the Offering, the Selling Shareholders will retain 75% shareholding in OMIFCO. The Company and the Selling Shareholder reserve the right to amend the size of the Offering at any time prior to the end of the subscription periods in their sole discretion, subject to applicable laws and the approval of the FSA.

All the shares being sold by the Selling Shareholders are existing ordinary shares of the Company, and the Company will not receive any proceeds from the sale of the shares in the Offering, all of which will be paid to the Selling Shareholder. The Offering expenses will be paid by the Selling Shareholder. The Offering will be conducted in the manner approved by the FSA and will be offered in a parallel offering as follows:

• Category I Offer (Institutional): 1,003,406,250 Offer Shares have been allocated for Category I Applicants, being 60 per cent. of the Offer, as follows:

• Up to 30 per cent. of the Offer Shares (equivalent to 50 per cent. of the Category I Offer Shares, i.e., 501,703,125 Offer Shares) shall be available for subscription by Category I Non-Local Applicants. The allocation of Offer Shares to Category I Non-Local Applicants shall be determined by the Selling Shareholders in consultation with the Joint Global Coordinators.
• Minimum 30 per cent. of the Offer Shares (equivalent to at least 50 per cent. of the Category I Offer Shares, i.e., 501,703,125 Offer Shares) shall be reserved for subscription by Category I Local Applicants. The allocation of Offer Shares to Category I Local Applicants shall be made on a proportionate basis.

• Category II Offer (Retail): 668,937,500 Offer Shares have been allocated for Category II, being 40 per cent. of the Offer (allocation to Category II Applicants to be made on a proportionate basis). The Category II Offer is further subdivided, with 50 per cent. of the Category II Offer being allocated to Category II Applicants (small retail).

• If the aggregate demand in Category II (small and large retail) is less than 40 per cent. of the Offer, then after full allocation to the Category II Applicants, the balance of the Offer Shares will be made available to the Category I Applicants in the respective proportion outlined above for allocation at the Offer Price, if there is oversubscription in Category I.
• If the aggregate demand in Category II (small and large retail) is greater than 40 per cent. of the Offer Shares, the FSA may decide that a minimum number of Category II Offer Shares be distributed equally among Category II Applicants (small retail), and the remainder of Category II Offer Shares shall be allocated on a pro-rata basis.

The Company and the Selling Shareholders have each agreed in the Institutional Settlement Agreement to certain restrictions on their respective ability to issue, sell, transfer and otherwise deal in the Shares for a period ending 180 calendar days after the date of Admission, except in certain limited circumstances, unless otherwise consented to by the Joint Global Coordinators (such consent not to be unreasonably withheld or delayed).

Admission of the Shares to listing and trading on the MSX is expected to occur on or about 8 July 2026.

The completion of the Offering and Admission is subject to market conditions and obtaining all necessary regulatory approvals.

Sharia Compliance

The Sharia Supervisory Board (“SSB”) of Eltizam Sharia Financial Consultancy in the capacity of Sharia Advisor of the issuance has issued a certificate confirming that, in its view, based on the circumstances as at the date of this pronouncement, the Offering is Sharia compliant. The Sharia pronouncement does not constitute legal, financial or investment advice, and investors should consult their own advisors before making any investment decision based on this certificate.

Important Dates

Commencement of Management Roadshow: Tentatively by 16 June 2026

Date of listing and trading on MSX (expected): On or around July 8 2026

Category I (Institutional) Offer opening date: 16 June 2026

Offer closing date: 25 June 2026

Category II (retail) Offer opening date: 16 June 2026

Offer closing date: 25 June 2026

Bank Muscat SAOG and Société Générale have been appointed as joint global coordinators (the “Joint Global Coordinators” or “JGC’s”), of the Offer and Bank Muscat has been appointed as issue manager of the Offer (the “Issue Manager”).

Full details of the Offering are available in the Prospectus under the Key Documents section on https://.omifco.com/ipo, the International Offering Memorandum, as well as the branches of the collection agents detailed below.