| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by Seera Group Holding Company ("Seera") dated 08/09/1444H (corresponding to 30/03/2023G) regarding the issuance of the Saudi Exchange ("Tadawul") conditional approval to list the shares of Lumi Rental Company ("Lumi"), the subsidiary of Seera, on the Main Market, dated 05/09/1444H (corresponding to 27/03/2023G), and the issuance of the Capital Market Authority board resolution dated 07/09/1444H (corresponding to 29/03/2023G), approving the application of Lumi to register its shares and the offering of (16,500,000) shares representing (30%) of Lumi’s issued share capital through an initial public offering, Seera announces the intention of Lumi to offer (30%) of its issued share capital through an initial public offering ("the offering") and to list its shares on the Main Market of the Exchange. The offering is expected to include the sale of (16,500,000) shares.
For more information, please visit the website of the Capital Market Authority (www.cma.org.sa) to view the prospectus. |
| Previous Announcement | Seera announced the issuance of ("Tadawul") decision dated 05/09/1444H (corresponding to 27/03/2023G), which includes approval to list the shares of Lumi on the Main Market, which was conditional on obtaining the Capital Market Authority’s approval, and the issuance of the Capital Market Authority board resolution dated 07/09/1444H (corresponding to 29/03/2023G), approving the request of Lumi to register its shares and the offering of (16,500,000) ordinary shares for public offering representing (30%) of Lumi’s share capital. |
| Date of Previous Announcement on Tadawul’s Website | 2023-03-30 Corresponding to 1444-09-08 |
| Percentage of fulfilled achievement | N/A |
| Event’s Expected Completion Date | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
