Page 125 - ALEF EDUCATION PR REPORT MAY 2024

The final offer price will be determined following the book-building process and is
expected to be announced on 6th June 2024. Admission of shares to trading on
the ADX is anticipated to occur on or around 12th June 2024.

The Offering complies with Shariah principles, and the Internal Shariah
Supervision Committee of First Abu Dhabi Bank PJSC has issued a
pronouncement to this effect.

Geoffrey Alphonso, Chief Executive Officer of Alef Education, commented, “Our
investment proposition has been incredibly well received by the market, with
significant interest in our Offering since announcing our intention to float. We look
forward to announcing the final offer price next week and are excited to welcome
new shareholders as we embark on our next phase of growth.”

https://www.msn.com/en-ae/news/other/alef-education-announces-offer-price-range-start-of-
ipos-subscription-period/ar-BB1nb4cc?ocid=BingNewsSerp