Coverage of the subscription of “Lin Al-Khair Trading” in the parallel market by 116.21%

Yaqeen Financial Company, in its capacity as the financial advisor and subscription manager for the shares of Lynn Al-Khair Trading Company in the parallel market “Nomu”, announced the completion of the offering process for 958,750 ordinary shares, representing 23.5% of the company’s shares.

Yaqeen Financial said in a statement on Tadawul Saudi Arabia today, Wednesday, that the offering price is 65 Saudi riyals per share.

She added that the coverage rate amounted to 116.21% of the total offered shares during the offering period from Sunday, December 4, 2022, until Thursday, December 15, 2022.

Yaqeen Financial Company, in its capacity as the financial advisor and subscription manager, will complete the necessary procedures with the Saudi Tadawul Group, “Tadawul”, and then set the date for listing the shares of Lynn Al-Khair Trading Company in the “Nomu” parallel market.