In addition to Albilad Investment Company's announcement of the price range and start of Institutional Book-building period for the initial public offering of Umm AlQura for Development and Construction Company (the “Company"), Albilad Investment Company in its capacity as Lead Manager, and together with Albilad Investment Company, GIB Capital, and Al Rajhi Capital as Joint Financial Advisors, along with Albilad Investment Company, GIB Capital, Al Rajhi Capital and Alinma Investment Company as Bookrunners and Underwriters on the potential initial public offering (the “Offering") announce the receipt by the Company of binding subscription undertaking submitted by Takatuf Holding Group (referred to as the “Cornerstone Investor") pursuant to which the Cornerstone Investor have committed to subscribe to )8,875,740( Offer Shares of the new Offer Shares representing approximately 0.62% of the Company's share capital after the Offering.

Accordingly, a supplementary prospectus was published on 1446/08/19 (corresponding to 2025/02/18).
It is also worth noting that the supplementary prospectus included some amendments to the information contained in the preliminary prospectus for the purpose of reflecting some material developments and for the purpose of clarifying some of the information and details included in the preliminary prospectus.
The price range for the Offering has been set between SAR 14 and SAR 15 per share (the “Price Range")
The Offering is comprised of (130,786,142( new ordinary shares (representing 9.09% of the Company's shares post share capital increase) (“Offer Shares").
The minimum number of Offer Shares to be applied for Participating Parties is (100,000) ordinary shares, while the maximum number of shares is (71,932,377) ordinary shares.
The participation in the book-building process is confined to the Participating Parties in accordance with the Instructions for Book Building Process and Allocation Method in Initial Public Offerings issued by the Capital Market Authority.
The final price per Offer Share will be determined after the completion of the book-building process, to be followed by the Individual Subscribers subscription process, the number of Offer Shares to be provisionally allocated to Participating Parties is )130,786,142) Offer Shares, representing 100% of the total Offer Shares. Final allocation of the Offer Shares will be made after the end of the subscription period for Individual Investors. In the event that Individual Investors subscribe for all the Offer Shares allocated thereto, the lead manager shall have the right to reduce the number of Offer Shares provisionally allocated to Participating Parties to a minimum of (117,707,528) Offer Shares, representing 90% of the total Offer Shares, provided that such clawback shall not apply to the Cornerstone Investor and the final allocation to the Cornerstone Investor shall be (8,875,740) Offer Shares in all cases.
Bidding and book-building period for Participating Parties Tranche starts from Sunday 16/02/2025G and ends on Thursday, 20/02/2025G.​

To view the supplementary Prospectus, click here​

For more information, please visit the Capital Market Authority website (www.cma.org.sa) and the Company website (www.ummalqura.com.sa)​