Page 69 - ALEF EDUCATION PR REPORT MAY 2024
P. 69

Alef Education IPO price range


               values edtech firm between



               Dh9.1 billion to Dh9.45 billion



               The company expects to distribute a minimum dividend of Dh135 million

               by


               Somshankar Bandyopadhyay




































               Published: Tue 28 May 2024, 4:24 PM

               Alef Education Holding plc, an AI-powered learning solutions provider based in Abu
               Dhabi, on Tuesday announced a price range of Dh1.30 and Dh1.35 per share for its

               initial public offering.



               The offer price range implies a market capitalisation at the time of listing of between
               Dh9.10 billion ($ 2.48 billion) and Dh9.45 billion.



               https://www.khaleejtimes.com/business/markets/alef-education-ipo-price-range-values-edtech-
               firm-between-dh9-1-billion-to-dh9-45-billion
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