With reference to the abovementioned subject, and the CMA regulations issued on November 9, 2015, module number ten”disclosure and transparency” on the disclosure of material information. Following our previous disclosure dd: 5/2/2019, NIC announces that together with an alliance of some local investment companies and an international operator, have won the bidding on 44% offered stake by capital markets authority on Boursa Kuwait, for 237 fils per share with a total amount of KD 19,939,900.200, out of which NIC stake is 14.4%.

No current financial impact and NIC will disclose in case of any material one.