Announcement of Final Offer Price for Perfect Presentation for ‎Commercial Services Company’s IPO

Saudi Fransi Capital, the Financial Advisor, Lead Manager, Bookrunner, and ‎Underwriter, of the Initial Public Offering (the “IPO”) for Perfect Presentation for ‎Commercial Services Company (“the Company”), announces the completion of the ‎book-building process for the institutional tranche subscribed to the offered shares and ‎the setting of the final offer price at SAR 185 per share, with a coverage ratio ‎amounting to 61.4x of the total offer shares. ‎

Knowing that the participating entities have subscribed to the offered shares in full, as ‎four million five hundred thousand (4,500,000) ordinary shares were allocated to them, ‎representing 100% of the total shares offered for subscription as a first stage.‎

Upon the successful completion of the book-building process, as a second stage, four ‎hundred and fifty thousand (450,000) ordinary shares, representing 10% of the total ‎shares offered for subscription, will be allocated to individual subscribers as a ‎maximum.‎

It should be noted that Saudi Fransi Capital, in its capacity as Lead Manager, has ‎completed with the receiving banks, the Banque Saudi Fransi, Riyad Bank, and Arab ‎National Bank all necessary preparations for receiving subscriptions from the ‎individual investors tranche, which will be only for one day on 01/11/2022. All ‎information and details related to the offering are available in the prospectus published ‎on the website of the Capital Market Authority www.cma.org.sa, the website of the ‎Company www.2P.com.sa and the website of Saudi Fransi Capital Company ‎www.sfc.com.sa.‎