Ataa Educational retail offering closes today

18/07/2019 Argaam

 

Ataa Educational retail offering will close today, Thursday, July 18, 2019.

 

The company offered a total of 1.2 million shares, or 10 percent of the offering size, to retail investors starting from Sunday, July 14.

 

Established in 1992, the firm has been operating in the public education sector for 30 years and has been instrumental in the acquisition of several educational complexes in Riyadh.

 

Ataa’s capital amounts to SAR 400 million, with 40 million shares at SAR 10 per share.

 

Receiving banks are National Commercial Bank (NCB), Al Rajhi Bank, Saudi British Bank (SABB), and Bank Aljazira.

 

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