Alinma Investment Company, in its capacity as the fund manager of the Alinma Hospitality REIT Fund, announces the results of the public offering of Alinma Hospitality REIT Fund offered in the main market (TASI) with total amount of capital SAR 1,020,021,000. Fund nameAlinma Hospitality REIT FundThe date of the end of the offeringWednesday 22/04/1444H corresponding to 16/11/2022GTotal cash amount offered 511,401,000 Saudi riyals.Fund Manager's subscription100,000,000 Saudi riyals.Total amount raised (Excluding the fund manager subscription)560,942,450 Saudi riyals. Number of subscribers 184,572 subscriberIndividuals allocation mechanismA minimum of
50 units to each Individual investor, with the remaining offered units allocated on a pro-rata basis.
Date of refunding of surplusWithin a maximum of 5 working days. Fund operation dateAlinma Investment Company, in its capacity as the Fund Manager and IPO Manager, will complete the necessary procedures with the Saudi Tadawul Group "Tadawul Saudi Arabia" and then confirm the date for listing the shares of Alinma Hospitality REIT Fund in the main market "TASI".