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Investcorp Capital plc (the “Company” or “Investcorp Capital”), an investor in private markets and provider of capital financing services in the alternative investments space, which completed a successful Initial Public Offering (“IPO”) and listing on the Abu Dhabi Securities Exchange (“ADX”) on 17 November 2023, trading under the ticker symbol “ICAP”, has confirmed the appointment of Q Market Maker (“QMM”) as a liquidity provider for its shares. total operating expenses of USD 3 million. The income-to-expense ratio stands at 6.3x.

QMM was founded in 2020 to enhance liquidity across ADX listed securities. QMM is one of the leading market makers on the ADX and has an unrivalled track record of improving liquidity and improving the overall market quality and efficiency of trading on ADX.

Commenting on the appointment, Timothy Mattar, CEO of Investcorp Capital said: “We are delighted to have successfully completed our IPO on the ADX. Through this process, we have been committed to global standards of best practice and protecting the interest of all shareholders. QMM is one of the leading market makers, with unrivalled experience on the ADX. We have been impressed by their commitment and energy and look forward to a successful long-term partnership to further evolve and advance capital market practices.”

Magdi Shannon, CEO of QMM added:“In our role as a liquidity provider, we are delighted to have been appointed to play a role in the successful IPO and listing of Investcorp Capital on the ADX. As Investcorp Capital’s appointed liquidity provider, we look forward to being able to contribute to its success.”

QMM has also been appointed as the stabilization agent in connection with Investcorp Capital’s IPO for the first 30 days of trading.

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