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On behalf of Al-Dawaa Medical Services Company (“Al-Dawaa” or the “Company”), GIB Capital, in its capacity as the financial advisor, Book-runner and lead underwriter for the initial public offering (the “Offering”), announces the completion of the book-building process for the participating parties. The IPO received a total demand of SAR 100.2 billion (a coverage of 53.8 times of offer shares). The Company has set the final offer price of Al-Dawaa IPO at (SAR 73) per share
The Individual Investors tranche subscription process will commence on Sunday, 27 February 2022G and will ends on Tuesday, 1 March 2022G. A maximum (2,550,000) Offer Shares, representing 10% of the total Offer Shares, will be allocated to Individual Investor.
For more information and for the prospectus, please visit the Capital Market Authority website www.cma.org.sa, the company website www.al-dawaa.com.sa, and the financial advisor GIB Capital website www.gibcapital.com
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Licensed by the Capital Market Authority No. 07078-37 on July 22, 2007 with a Commercial Registration No. 1010244294 and Unified Number 7001553465 on February 14, 2008, with a paid-up capital of SAR 200 million.