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Yaqeen Capital Company announces the offering price for the shares of Horizon Educational company (Horizon)
| Element List | Explanation |
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| Announcement Detail | Yaqeen Capital, as Financial Advisor and Lead Manager for the Offering of Horizon Educational company (the “Company” or “Horizon”) on the Parallel Market “Nomu”, announces that the Offering of Horizon Company has been concluded, and the offering for the total of (500,000) ordinary shares representing (20.00%) of the Company’s shares. Offering price: 54 SAR per share. Coverage was 681.98% of the total shares offered during the subscription period from Sunday 04/11/1445H (corresponding to 12/05/2024G) to Monday 12/11/1445H (corresponding to 20/05/2024G). Yaqeen Capital, as Financial Advisor and Lead Manager will finalize the required procedures with the Saudi Stock Exchange and then determine the date for listing of the shares of Horizon on the Parallel Market “Nomu”. Information and details regarding the Offering are available in the prospectus of the Company, please visit the Capital Market Authority website: https://cma.org.sa/Market/Prospectuses/Documents/horizon_ar.pdf |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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