Page 217 - ALEF EDUCATION PR REPORT - JUNE 2024

6/3/24, 3:05 PM Alef Education increases number of shares allocated to First Tranche in its IPO

At BETT 2023, experts from Alef Education were available at their stand to discuss the latest trends and challenges in the
EdTech industry. Image Courtesy: Alef Education
IPO
Alef Education increases number of shares

allocated to First Tranche in its IPO

Following the completion of the IPO, the Selling Shareholders will continue to

hold of 68% and 12%, respectively of the Company’s issued share capital

Hatem Mohamed, WAM (Emirates News Agency)

June 1, 2024

ABU DHABI - Alef Education Holding plc (“Alef Education” or “Company” or “Group”) today

announced that following the approval from the Securities and Exchange Authority (SCA),
Tech Nova Investment – Sole Proprietorship L.L.C and Kryptonite Investments L.L.C (the

“Selling Shareholders”), have exercised their right to increase the number of Shares

allocated to the First Tranche offer of the Company’s initial public offering (“IPO” or the

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