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6/6/24, 2:51 PM Alef Education Holding plc successfully completes IPO bookbuild, raising AED 1.89bln with approximately 39x oversubscription
Alef Education logo. The Final Offer Price has been set at AED 1.35 per Share. Image Courtesy: Alef Education
IPO
Alef Education Holding plc successfully
completes IPO bookbuild, raising AED
1.89bln with approximately 39x
oversubscription
The first-ever education technology company to be listed in the UAE
Press Release
June 6, 2024
Abu Dhabi, UAE – Alef Education Holding plc (“Alef Education”, “Company” or “Group”),
an award-winning AI-powered learning solutions provider based in Abu Dhabi, today
announces the successful completion of the bookbuild and subscription process for its
Initial Public Offering (“IPO” or “Offering”) on the Main Market of the Abu Dhabi Securities
Exchange (“ADX”).
https://www.zawya.com/en/press-release/companies-news/alef-education-holding-plc-successfully-completes-ipo-bookbuild-raising-aed-189bln-with-a… 1/6
