Yaqeen Capital Company announces the Offering Price Range for Almohafaza For Education Company (Almohafaza) in the Saudi Exchange’s Parallel Market (“Nomu”) and commencement of Qualified Investors Book-Building.

Yaqeen Capital Company announces the Offering Price Range for Almohafaza For Education Company (Almohafaza) in the Saudi Exchange’s Parallel Market (“Nomu”) and commencement of Qualified Investors Book-Building.

27 February 2024 03:59 PM

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Explanation

Announcement Detail

Yaqeen Capital Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of for Almohafaza For Education Company (“Almohafaza” or the “Company”) announces on behalf Almohafaza the offering price range and commencement of the Qualified Investors Book-Building Period as per the following details: • The Offering price range has been set at SAR (14 - 18) per share (the “Price Range”). • The Offering is comprised of (1,600,000) ordinary shares representing (20%) of the issued share capital of the Company. • The number of Offer Shares that will be allocated to Qualified Investors is (1,600,000) Shares, representing 100% of the total number of Offer Shares. • Each Qualified Investor who subscribes for the Offer Shares must apply for a minimum of (10) Offer Shares and a maximum of (399,990) Offer Shares. • Bidding and book-building period for Qualified Investors: starts on 28 February 2024G and ends on 07 March 2024G. • For more information and for the prospectus [in Arabic], please visit the Capital Market Authority website: