ONIC Signs Deal with Oman Investment Fund

Oman National Investment Corporation SAOC (ONIC), a subsidiary of Oman International Development and Investment Company SAOG (Ominvest), has signed a Sale Purchase Agreement (SPA) with Oman Investment Fund (OIF), a wealth fund of the Sultanate of Oman, for the purchase of 15% of shares in Ominvest (corresponding to 104,905,497 shares) for the value of RO 0.478 (12.7 cents) per share. The announcement came in a filing to the Capital Market Authority (CMA).