Qatar Financial Markets Authority Decision No. 5/2020
On the Issuance of the Controls for the Purchase by Listed Joint-Stock Companies of their Shares for the Purpose of Employee Motivation Programs
The Board of Directors,
Having considered Qatar Law No. 8/2012 of Qatar Financial Markets Authority; as amended by Qatar Decree-Law No. 22/2018,
Law of Qatar Central Bank and the Regulation of Financial Institutions, Promulgating by virtue of Qatar Law No. 13/2012;
Qatar Law No. 11/2015 Promulgating the Commercial Companies Law;
Qatar Financial Markets Authority Decision No. 1/2016 regarding Ownership of Shares in Listed Companies on QSE;
Qatar Financial Markets Authority Decision No. 6/2017 Concerning the Issuance of Rules of the Employees' Incentive Shares Scheme in Listed Shareholding Companies Through Owning Shares in the Listed Company;
Offering & Listing of Securities on the Financial Markets Rulebook issued by Qatar Financial Markets Authority Decision No. 4/2020;
Proposal of the QFMA's Chief Executive Officer;
And QFMA's Board approval at its 4th meeting of 2020 on 10th of December 2020,