Page 159 - ALEF EDUCATION PR REPORT MAY 2024

Subscriptions open for Abu Dhabi's Alef

Education IPO - UAE's third stock float of

2024

Shareholders to get share of at least Dh135m dividend during 2024 and '25

Published: May 28, 2024 08:42Manoj Nair, Business Editor

The ADX

will soon see its first listing of 2024, with Alef Education opening
subscriptions for the IPO.Image Credit: Supplied

Dubai: Subscriptions have opened for Alef Education's 1.4 billion shares,

which make up 20 per cent of the education tech company's issued share

capital. This is the UAE's third IPO of 2024, after Parkin and Spinneys, and
the first one on ADX.

https://gulfnews.com/business/markets/subscriptions-open-for-abu-dhabis-alef-education-ipo---
uaes-third-stock-float-of-2024-1.1716872142576