HSBC Saudi Arabia Announces the Price Range and Start of Institutional Book-building Period for the Initial Public Offering of Dr. Soliman Abdel Kader Fakeeh Hospital Company

HSBC Saudi Arabia Announces the Price Range and Start of Institutional Book-building Period for the Initial Public Offering of Dr. Soliman Abdel Kader Fakeeh Hospital Company

| Announcement Detail

|| On behalf of Dr. Soliman Abdel Kader Fakeeh Hospital Company (“Fakeeh Care Group” or the “Company”), hsbc Saudi Arabia in its capacity as Sole Financial Advisor, Joint Bookrunner, Underwriter and Lead Manager on the potential initial public offering of Dr. Soliman Abdel Kader Fakeeh Hospital Company (the “Offering”) announces the Offering price range, as well as the commencement of the institutional book-building period; as per the following details:

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- The price range for the Offering has been set at SAR (53.0 – 57.5) per share (the “Price Range”).

- The Offering is comprised of the issuance of forty-nine million, eight hundred thousand (49,800,000) ordinary Shares representing 21.47% of the Company’s share capital (the “Offer Shares”) post-capital increase, comprising of thirty million (30,000,000) new ordinary shares representing 12.93% of the Company’s share capital (following the issuance of the Offer Shares and increase of the Company’s share capital), and the sale of 19,800,000 current ordinary shares representing 8.53% of the Company’s share capital (following the issuance of the Offer Shares and increase of the Company’s share capital).

- The minimum number of Offer shares to be applied for by the Participating Parties is one hundred (100,000) shares, while the maximum number of