Page 192 - AAE PR REPORT - JUNE 2024

6/6/24, 9:34 AM EFG Hermes advises on $764m IPO of Fakeeh Care Group on Saudi Exchange - Dailynewsegypt

EFG Hermes advises on $764m IPO of Fakeeh Care

Group on Saudi Exchange

Daily News Egypt

Last updated: June 5, 2024 11:14 pm

EFG Hermes, a leading investment bank in the Middle East and North Africa (MENA), has

completed its advisory role in the $764m initial public o ering (IPO) of Fakeeh Care

Group (FCG) on the Saudi Exchange. As a joint bookrunner and underwriter, EFG Hermes
played a pivotal role in this landmark transaction.

Fakeeh Care Group o ered 30,000,000 new ordinary shares (representing 12.93%) and
19,800,000 current ordinary shares (representing 8.53%) at SAR 57.5 per share, resulting

https://www.dailynewsegypt.com/2024/06/05/efg-hermes-advises-on-764m-ipo-of-fakeeh-care-group-on-saudi-exchange/#:~:text=EFG Hermes%2C a… 1/3