Retail subscription to Tibbiyah starts Feb 15, final offer price set at SAR 82

Logo of Arabian International Healthcare Holding Co. 

Aldukheil Financial Group, the financial advisor and bookrunner of offering 25% of Arabian International Healthcare Holding Co. (Tibbiyah) on Nomu - Parallel Market, announced the final offer price at SAR 82 per share.  The offer price was determined after the completion of the book-building process, with coverage of 48.8x.  

The subscription period for qualified retail investors will begin from Feb. 15-17. A total of one million shares were allocated to qualified individual investors, representing 20% of the total offer.  

If individual investors fully subscribe to the allocated shares, the lead manager has the right to reduce the number of offer shares allocated to the qualified institutional investors to a minimum of four million shares, or 80% of the issue size. The maximum bidding limit by individual investors is 980,000 shares, while the minimum limit is 10 shares. 

Information and details regarding the offering are available in the final prospectus of the company on Capital Market Authority’s (CMA) website, along with on the websites of the company and the financial advisor. 

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