Announcement from the Saudi Exchange Company regarding the Accelerated Bookbuild Offering to sell part of the Public Investment Fund’s Stake in Saudi Telecom Co. (STC) – Institutional Tranche Only (Negotiated Deals)

Reference to the published announcement by SNB Capital as a Joint Global Coordinator and Joint Book Runner in the Accelerated Bookbuild Offering to sell part of the Public Investment Fund stake in Saudi Telecom Co. titled “Announcement in Connection with the Launch of the Accelerated Bookbuild Offering to Sell part of the Public Investment Fund’s Stake in Saudi Telecom Company” on the Saudi Exchange website, and with regards to the institutional tranche transactions on Thursday 14 November 2024, corresponding  to 12 Jumada Al Oula 1446H in accordance with the Negotiated Deals framework issued by the Saudi Exchange, please note the following:

•    The Saudi Exchange will facilitate a session prior to the opening auction (pre-market) for only Negotiated Deals on Saudi Telecom Co. on Thursday 14 November 2024, 12 Jumada Al Oula 1446H.

•    The Negotiated Deals session will allow Members related to the transaction to place Negotiated Deals only on Saudi Telecom Co. (symbol: 7010).

•    Usual market hours for all listed securities will remain the same, where the opening auction will start at 09:30:00 AM.

•    Negotiated Deals conducted prior to the opening auction (pre-market) on Thursday 14 November 2024, corresponding to 12 Jumada Al Oula 1446H will be reflected on the Negotiated Deals page on the Saudi Exchange’s website.