Tanmiah IPO Announces Final Offer Price of SAR 67 per share; Institutional Coverage Reaches 9,534%

With the successful completion of the book building process, as a second stage, a maximum of six hundred thousand (600,000) Ordinary Shares, representing 10% of the total shares offered for public subscription, will be allocated to individual subscribers (the "Retail Tranche"). With the successful completion of the book building process, as a second stage, a maximum of six hundred thousand (600,000) Ordinary Shares, representing 10% of the total shares offered for public subscription, will be...

RIYADH, Saudi Arabia, 06/07/2021 (informazione.news - comunicati stampa - cibi e bevande)

With the successful completion of the book building process, as a second stage, a maximum of six hundred thousand (600,000) Ordinary Shares, representing 10% of the total shares offered for public subscription, will be allocated to individual subscribers (the "Retail Tranche").

Saudi Fransi Capital confirmed that it has completed all preparations with the receiving bank, Banque Saudi Fransi, to receive individual investors' subscription requests, which will be for a period of one day only, on 17/12/1442H, (corresponding to 27/07/ 2021G).

All information and details related to the subscription are available in the Prospectus published on the website of the Capital Market Authority www.cma.org.sa, the website of Tanmiah Food Company www.tanmiah.com and the website of Saudi Fransi Capital www.sfc.sa.

George Allen
George.Allen@Instinctif.com
+971 4 369 9353

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