Announcing the approval of the offering of the shares of the Saudi Sudanese Bank

The Capital Markets Regulatory Authority announces its decision to approve the “Saudi Sudanese Bank Company to offer its shares in a public offering. The number of 350,000,000 shares with a value of 546,000,000 pounds, representing 35% of the nominal capital, the value of the offering per share is 1.56 pounds, and the subscription begins on Tuesday 24 May 2022 and ends on Wednesday 23 June 2022 AD.
The decision to invest without reading the terms and conditions of the company and studying its content, may involve high risks. Therefore, the investor must review the terms and conditions contained in the prospectus, which contains detailed information, the investment strategy and risk factors, and study them carefully to be able to assess the feasibility of the investment or not in light of the accompanying risks. Subscribe for more information.
The approval of the authority to offer the company’s shares should not be seen as an endorsement of the feasibility of investing in it, as its decision to approve the offering means that the legal requirements and regulating regulations have been complied with.