| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by Saudi Telecom Company -stc- (The Company) on 13/06/1442H corresponding to 26/01/2021G on the possibility of an initial public offering for Arabian Internet and Communications Services Company (solutions by stc), stc announces the conclusion of its feasibility study and that solutions by stc is in the process of submitting an application for the registration and offering of its shares to the Capital Market Authority and of an application for the listing of its shares to the Saudi Stock Exchange (Tadawul). |
| Previous Announcement | Saudi Telecom Company (stc) announces that it is considering an initial public offer for its subsidiary Arabian Internet and Communications Services Company (solutions by stc) |
| Date of Previous Announcement on Tadawul's Website | 2021-01-26 Corresponding to 1442-06-13 |
| Percentage of fulfilled achievement | NA |
| Event's Expected Completion Date | NA |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | NA |
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