Al Rajhi Bank is Participating in the STC Secondary Public Offering

Dear Gents

We would like to inform you that Al Rajhi Bank is participating in the Public Secondary Offering of Saudi Telecom Company starting from Tuesday 03/ 05 /1443H corresponding to 07 / 12 / 2021G at 11:59 pm for 24 hours and will close on Wednesday 04 / 05 / 1443H corresponding to 08 / 12 / 2021G at 11:59 pm.

The retail subscription share price is SAR 116 which is not the final offer price, the final offer price will be announced on Friday 06 / 05 / 1443H corresponding to 10 / 12/ 2021G based on the book building results from institutional investors and all investors will be allocated based on the final offer price and not the subscription price.

The surplus, which is the difference between the subscription price and the final offer price, in addition to any shares that have not been allocated, if any, will be refunded, and the full subscription amount will be refunded without any allocation of shares to retail investors if the final price of the offering is higher than the closing market price on Thursday 05 / 05/ 1443H corresponding to 09 / 12/ 2021G.

The minimum number of offer shares to be applied for by retail investors is 10 shares and their multiples with no maximum number of offer shares. The subscription will be available through our electronic channels (Mobile App, Al Mubasher Retail and ATM).

• Prospectus 
• Short Explanation