𝐀𝐬𝐲𝐚𝐝 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐏𝐥𝐚𝐧𝐬 𝐭𝐨 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐏𝐮𝐛𝐥𝐢𝐜 𝐒𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐢𝐧𝐠 𝐨𝐧 𝐌𝐒𝐗 𝐁𝐞𝐟𝐨𝐫𝐞 𝟐𝟎𝟐𝟕

Asyad Shipping plans to increase its public free float on the Muscat Stock Exchange (MSX) by at least 5% of its issued share capital before the second anniversary of its IPO, subject to market conditions and regulatory approval. Asyad Group currently holds the remaining stake after selling 20% of Asyad Shipping through its 2025 IPO.

The additional share sale is intended to bring Asyad Shipping’s public free float in line with the MSX minimum requirement of 25%. The company and its parent are evaluating the timing and structure of the transaction in consultation with Oman’s Financial Services Authority (FSA), with completion expected before 12 March 2027.