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IPO

Alpha Data’s Initial Public Offering in the UAE

Subscriptions Open Now
until 25 February 2025.

Price range AED 1.45 – 1.50

Alpha Data PJSC announces its intention to float on ADX. Abu Dhabi Islamic Bank PJSC acting as Receiving Bank presents you with the opportunity to subscribe to the Alpha Data IPO.

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.

Subscription is now open until 25 February 2025

Important Dates to Remember:

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,

For more information on Alpha Data, the IPO, the subscription criteria and process

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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