Determination of the price range for the offer of “Medical Equipment House” between 45 and 52 riyals per share

Securities investment and brokerage firm “Alistithmar Capital” announced today, Sunday, in as a financial advisor, bookrunner, lead manager and underwriter of the potential public offering of Dar Medical and Scientific Equipment Company in the Saudi market, establishing the price range for the offer and starting the process of building a record Commands to scroll through the participating categories.

Alistithmar Capital said in a statement on Saudi Tadawul that the price range for the shares offered is between 45 and 52 riyals per share.

He added that the order book construction process for the institutions segment begins on January 17, 2022 and ends on January 27, 2022.

The offer process is represented by the offer of 6 million ordinary shares of the company, which represent 30% of the capital issued by the company, through the sale of the existing shares to the current shareholders of the company.

The minimum number of shares that can be subscribed for the participating classes is 100,000 shares, while the maximum number is 999,999 thousand shares.

Participation in the order book construction is limited to categories qualified to participate in the order book construction process in compliance with the instructions for the construction of the book and the allotment of the shares in the initial subscriptions issued by the Board of the Capital Markets Authority.

The price of the offer will be determined in public subscription at the end of the order book construction process, which will be followed by the process of joining the segment of individual subscribers At the end of the individual subscription period.

In case in to which the individual subscribers subscribe all the offer shares assigned to them, the subscription register manager has the right to reduce the number of shares assigned to the participating classes to a minimum of 5.4 million shares, equal to 90% of the total offer shares.

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