Announcement of the final Price for the initial public offering of Nayifat Finance Company

HSBC Saudi Arabia, in its capacity as Financial Advisor, Lead Manager, Lead underwriter and Lead Bookrunner  and GIB Capital and Saudi Fransi Capital, in their capacity as Joint Bookrunners and Co-Underwriters, on the potential initial public offering of Nayifat Finance Company (“Nayifat” or the “Company”) announces on behalf of the Company the successful completion of the book-building process for the Participating Parties tranche and the setting of the final offer price at SAR (34) per share with a coverage amounting to 136x of the total offer shares.

The Individual Investors tranche subscription process will commence on Sunday, 07/11/2021G and end on Monday, 08/11/2021G. A maximum (3,500,000) Offer Shares, representing 10% of the total Offer Shares, will be allocated to Individual Investors.

For more information and for the prospectus, please visit the Capital Market Authority website (www.cma.org.sa), and Nayifat’s website (https://ipos.nayifat.com/)

Final Offer Price Announcement