Dome issues prospectus to float 850,000 shares on Nomu

Logo of Dome International for Investment Co.

Dome International for Investment Co. issued today, April 29, the prospectus to float 850,000 shares on the Nomu-Parallel Market.

The offered shares represent 17% of the company’s pre-IPO capital (or 14.53% of post-IPO capital).

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The company is currently capitalized at SAR 50 million, divided into five million shares at a par value of SAR 10 apiece. The post-IPO capital will amount to SAR 58.5 million, divided into 5.85 million shares.

On March 20, the Capital Market Authority (CMA) approved the company's Nomu offering application.

The share sale will run from May 19-26.

The company's objectives, as stated in its articles of association, include building construction, pre-primary and primary education, and general secondary education.

Its current business activity is to provide educational services for the pre-university education stage, in addition to complementary services such as student transportation services, English language learning and testing services, and standardized language proficiency tests.

The company carries out its main activities through two educational complexes:

- Al Masif Complex (an international educational complex for boys and girls from kindergarten to twelfth grade) in the Al-Masif district, Riyadh.

- Al-Malqa Complex (an international educational complex for boys and girls from kindergarten to twelfth grade) in the Al-Malqa district, Riyadh.

Dome also provides complementing services for the educational process, such as conducting international standardized tests for university admission. The company also offers comprehensive international programs for all levels of learners within the concept of comprehensive educational services.

Furthermore, Dome has accredited testing centers for the US system, and IGCSE for the British system, in addition to a center for advanced qualifying tests such as IELTS and TOEFL.