VIVA Investor Relations Presentation
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Shareholders' Structure
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VIVA
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Saudi Telecom
52%
Kuwaiti Government 24%
Public Shareholders 24%
STC
الاتصالات السعودية
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STC,
telecom
the leading regional
operator, won the bid for third mobile
license in November 2007, and paid USD
980 million for the license.
STC has a management agreement with
VIVA.
STC increased its ownership percentage
from 26% to 51.8% through a VTO at the
beginning of 2016.
Currently, 4 out of 7 board members are
representative of STC
group.
The Kuwaiti government holds 24%
of VIVA through different
governmental entities.
Currently 2 out of 7 board members
are representing the Kuwaiti
government bodies.
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Public Share holders consists of
companies, portfolios, funds and
individuals.
The public shareholders are mix
between local, regional and
international investors.
Independent Board member elected
during the AGM on 16th of May 2016.
Investor RelationsView entire presentation