Yaqeen Capital Company, acting as the Financial Advisor and Lead Manager for the potential offering of Almuhafaza For Education Company (referred to as “the Company” or “Almuhafaza”), announces the Company's intention to offer 1,600,000 ordinary shares, representing 20.00% of the Company’s post-offering capital, for listing on the Parallel Market ("NOMU").
The Saudi Exchange granted approval for the Company’s shares to be listed on the Parallel Market ("NOMU") on 05-05-1445H (equivalent to 19-11-2023G), while the Capital Market Authority ("CMA") approved the Company’s offering application on the Parallel Market ("NOMU") on 07-06-1445H (corresponding to 20-12-2023G). The offering price for all subscribers will be determined following the book-building period.
The Offering Period is set to commence on Wednesday, 18-08-1445H (corresponding to 28-02-2024G), and will conclude on Thursday, 26-08-1445H (corresponding to 07-03-2024G).
