Page 83 - ALEF EDUCATION PR REPORT MAY 2024

Following the book-building process, the company will set the final offer price
and announce it on June 6, 2024. Investors expect the admission of shares

for trading on the ADX on or around June 12, 2024.
“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,”
stated Geoffrey Alphonso, CEO of Alef Education.
Notably, the offering complies with Shariah principles. Hence, the Internal

Shariah Supervision Committee of First Abu Dhabi Bank PJSC has issued a
pronouncement confirming this compliance.
For more news on markets, click here.

https://economymiddleeast.com/news/alef-education-sets-ipo-offer-price-between-aed1-30-and-
aed1-35-per-share/