IPO

Initial public offering for Bupa Arabia for cooperative health insurance

BUPA Arabia is a Saudi joint stock company under formation in accordance with Ministerial Resolution No.279 dated 28/8/1428H (corresponding to 10/9/2007G) and in accordance with Royal Decree No. M/74 dated 29/8/1428H (corresponding to 11/9/2007G. The Company’s registered office is located in the city of Jeddah, Kingdom of Saudi Arabia.

The Company’s paid up capital is SAR 400 million divided into 40 million shares with a nominal value of SAR 10 per share. The Founding Shareholders have subscribed for 24 million shares with a total paid up value of SAR 240 million, which represents 60% of the Company's share capital. The remaining 16 million shares, with a total value of SAR 160 million are being offered to the public as the Offer Shares.

For more information about the company or the IPO, please refer to the prospectus or visit SABB’s website at www.sabb.com or the CMA’s website at www.cma.org.sa.