Successful Completion of the Offering to Individual Investors for Altaiseer Group Talco Industrial Company’s IPO

25 Dhuʻl-Qiʻdah, 1445 AH H - 02 June 2024 G

Alinma Investment Company in its capacity as Financial Advisor, Bookrunner, Underwriter and Lead Manager announces the completion of the retail offering period and the final allotment of shares for Altaiseer Group Talco Industrial Company (the “Company” or “Talco”). A minimum of one (1) shares were allocated to each subscriber; the remaining shares will be allocated on a pro-rata basis based on demand size of the remaining demand with an average allocation factor of 2.5389%. The sum of the remaining shares was allocated in the following methodology; each investor received an additional allocation of one share in a descending order starting with the highest demand until such shares were totally exhausted.

The subscription period for Individual Investors Tranche, comprising (1,200,000) shares representing 10% of the total offering at a final Offer Price of SAR 43 per share, commenced on Tuesday 20/11/1445H (corresponding to 28/05/2024G) and ended on Wednesday 21/11/1445H (corresponding to 29/05/2024G) at 04:00 pm

Details of Individual Investor tranche:
-    Number of retail subscribers: 685,932
-    Number of shares offered to retail subscribers: 1,200,000 shares.
-    Final Offer Price: SAR 43 per share.
-    Retail tranche coverage: 17.4 times.
-    Total amount of retail subscriptions: SAR 900,124,500
-    Minimum allocation to retail investors: one (1) share. 
-    Average allocation factor of remaining retail shares: 2.5389%.