Alinma Investment Company Announces the Price Range and Start of Institutional Book-building Period for the Initial Public Offering of Altaiseer Group Talco Industrial Company

12 Dhuʻl-Qiʻdah, 1445 AH H - 20 May 2024 G

Alinma Investment Company in its capacity as Sole Financial Advisor, Bookrunner, Underwriter and Lead Manager on the potential initial public offering of Altaiseer Group Talco Industrial Company (“Talco” or the “Company”), announces the Offering price range, as well as the commencement of the institutional book-building period; as per the following details:

• The price range for the Offering has been set between SAR 40 and SAR 43 per share (the “Price Range”).
• Bidding and book-building period for Participating Parties starts from Monday  12/11/1445H (corresponding to 20/05/2024G) and closes 4:00 p.m. KSA time on Thursday 15/11/1445H (corresponding to 23/05/2024G)
• The Offering is comprised of a sale of twelve million (12,000,000) ordinary Shares (the “Offer Shares”) by the selling shareholders, representing 30% of Talco’s share capital.
• The minimum number of Offer shares to be applied for by the Participating Parties is fifty thousand (50,000) shares, while the maximum number of shares is one million nine-hundred and nighty-nine thousand and nine hundred and ninety-nine (1,999,999) shares.
• The participation in the book-building process is confined to the Participating Parties in accordance with the Instructions for Book Building Process and Allocation Method in Initial Public Offerings issued by the Board of the Capital Market Authority.
• The final price per Offer Share will be determined after the completion of the book-building process, to be followed by the Individual Subscribers subscription process, the number of Offer Shares to be provisionally allocated to Participating Parties is twelve million (12,000,000) Offer Shares, representing 100% of the total Offer Shares. Final allocation of the Offer Shares will be made after the end of the subscription period for Individual Investors. If there is sufficient demand by Individual Subscribers, the Book-runner may reduce the number of Offer shares allocated to Participating Parties to a minimum of ten million eight hundred thousand (10,800,000) shares, representing 90% of the total Offer Shares.

For more information and for the prospectus, please visit the Capital Market Authority website (www.cma.org.sa), Talco’s website (www.altaiseer.com) and in the website of the financial advisor (www.alinmainvestment.com).