Lulu Retail Holdings has announced the price range for the sale of its shares and the start of the subscription period for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX).
Lulu Retail subscription period starts today and is expected to close on Tuesday, 5th November 2024 for the UAE Retail Offering, Eligible Senior Executives, and for Professional Investors.
The offer price range of Lulu Retail subscription has been set between AED 1.94 ($0.53) and AED 2.04 ($0.56) per Share. Assuming all the shares…
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