Nofoth Food Products IPO price range set at SR135-150‎

Yaqeen Capital Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of Nofoth Food Products Company (Nofoth Food) (the “Company” or “Nofoth Food”) announces on behalf of Nofoth Food 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 (135 – 150) per share (the “Price Range”).
• The Offering is comprised of (288,000) ordinary shares representing 12% of the issued share capital of the Company to be sold by the current shareholders (the “Offer Shares”).
• The number of Offer Shares that will be allocated to Qualified Investors is (288,000) 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 (119,990) Offer Shares.
• Bidding and book-building period for Qualified Investors: starts on 18 December 2022G and ends on 22 December 2022G.
• For more information and for the prospectus [in Arabic], please visit the Capital Market Authority website:

https://cma.org.sa/Market/Prospectuses/Documents/nofoth_ar.pdf