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Alpha Data is one of the leading digital transformation providers & system integrator in the UAE, having operated in the region since it was established in 1981. The Group also has recently established presence in both KSA and Qatar, with plans to further develop the Group’s operations in the two countries.
Alpha Data is focused on creating shareholder value through consistent growth and dividend payments. It stands out as one of the few companies in the UAE market that offers investors an opportunity to invest in the rapidly expanding digital economy.
Leading digital transformation provider and system integrator in the UAE, employing 1,500+ professionals
Proven business model delivering strong financial performance, generating AED 2.3bn revenue in 2024
~6% share of the UAE’s addressable IT market, which is poised to grow at 9% CAGR to 2028
40+ year track record of operational excellence with a founder-led, highly experienced management team
Culture of innovation, staying ahead of technological trends to meet rapidly evolving client needs
‘One-stop-shop’ IT solution for 2,200+ public and private sector clients with strong vendor relationships
Intention to Float Announcement and Publication of the UAE Prospectus
13 February 2025
Price range announcement and subscription opens
20 February 2025
Retail subscription (First Tranche) closes
25 February 2025
Announcement of the Final Offer Price and release of allocations
26 February 2025
Trading on ADX is expected to commence (subject to regulatory approvals)
11 March 2025
For more information on Alpha Data, the IPO, the subscription criteria and process
https://www.alpha.ae/ipo
ADIB IPO Call Centre:+971 2 652 0878
Disclaimer:This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.
Terms and conditions apply.
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