‎“Al-Babtain Food” subscription coverage rate hit 648.98% ‎

Yaqeen Financial Company, in its capacity as the financial advisor and lead manager for the offering of the shares of “Abdulaziz and Mansour Ibrahim Al-Babtain” company in the parallel market “Nomu”, announced the completion of the offering process for 544,000 ordinary shares representing 16% of the company’s shares, at an offering price of 77 riyals per share.

The coverage ratio reached 648.98% of the total shares offered during the offering period from Sunday 25-09-2022 until Wednesday 28-09-2022.

The company, in its capacity as the financial advisor and lead manager, will complete the necessary procedures with the Saudi Tadawul Group, and then set the date for listing the shares of Abdulaziz and Mansour Ibrahim Al-Babtain in the parallel market “Nomu”.