‎ “AFG” announces Offering Process for Naba Alsaha IPO results ‎on “Nomu”‎

Aldukheil Financial Group “AFG”, as the Financial Advisor for the Initial Public Offering of Naba Alsaha Medical Services Company (the “Company”) on the Parallel Market “Nomu”, announces that the Offering of (1,400,000) ordinary shares representing (20%) of the Company’s total shares to Qualified Investors has successfully concluded.

The results of the coverage are as such:

– Offer price of SAR 57 per share.

– Number of Offered shares: (1,400,000) ordinary shares, representing 20% of the total Company shares.

– Coverage: 530.73%.

– The minimum number of shares allocated to each subscriber is (10) shares, and the remaining shares were allocated on pro-rata basis.

The refund process will be completed by no later than Thursday 20/01/1444H (corresponding to 18/08/2022G).

Aldukheil Financial Group will finalize the required procedures with the Saudi Tadawul Company “Saudi Tadawul” and then determine the date for listing of the shares of the Company on the Parallel Market “Nomu”.