HSBC Saudi Arabia Announces Jahez End of Price Stabilization Period

HSBC Saudi Arabia in its capacity as Stabilizing Manager (“Stabilizing Manager”) on the initial public offering (“IPO” or the “Offering”) of Jahez International Company for Information Systems Technology (“Jahez”, “Issuer”, or the “Group”), hereby announces the end of the price stabilization period.

This comes following HSBC Saudi Arabia’s announcements dated 28 December 2021G, 12 January 2022G, 18 January 2022G, 25 January 2022G, and 2 February 2022.