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LONDON - J.P. Morgan Securities PLC announced today that it did not undertake any stabilization actions in relation to Alinma (TADAWUL:1150) AT1 Sukuk Limited’s recent securities offering. The post-stabilization period follows the initial announcement on May 20, 2025, concerning the potential for such activities.
The securities in question, issued by Alinma AT1 Sukuk Limited and guaranteed by Alinma Bank, comprised an aggregate nominal amount of USD 500 million. These are described as USD Perpetual Non-Call 5.5-year Additional Tier 1 Certificates (Sukuk), registered under Category 2 and listed on the London Stock Exchange (LON:LSEG)’s International Securities Market (ISM).
J.P. Morgan Securities PLC served as the stabilization coordinator, with Abu Dhabi Islamic Bank, Alinma Capital Company, Emirates NBD Capital, Goldman Sachs International, and Standard Chartered (LON:STAN) Bank all named as stabilization managers for the offering, which was priced at 100.000%.
Stabilization activities are measures taken by underwriters to support the market price of securities immediately following an offering to prevent or retard a decline in their market price. The announcement confirms that such measures were not deemed necessary for the Alinma AT1 Sukuk Limited offering.
The disclosure of this information is in compliance with the Market Abuse Regulation (EU/596/2014) and the rules of the Financial Conduct Authority. As a standard procedure, this announcement serves to inform market participants and the public that the post-stabilization period has ended without any intervention by the stabilization managers.
The information provided in this announcement is based on a press release statement and is intended solely for informational purposes. It does not constitute an offer to buy or sell any securities of the Issuer in any jurisdiction.
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