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عربي
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everywhere
Welcome to MBC GROUP – the largest and leading media company in the Middle East
and North Africa.
Enriching lives through information, interaction, and entertainment.




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NEWS ROOM

MBC GROUP REPORTS A 6.2% INCREASE IN REVENUE FOR FY 2023 TO SAR 3.7 BILLION
DRIVEN BY SHAHID’S SIGNIFICANT GROWTH
Riyadh, KSA, 27 March 2024G - MBC GROUP (“MBC” or the “Company” or the “Group” |
Tadawul: 4072), the leading media and entertainment conglomerate in the Middle
East and North Africa (“MENA”) region, today reported its financial results for
the full year ended 31 December 2023G (“FY 2023”).

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MBC GROUP Announcement of Listing and Commencement of Trading on Saudi Exchange
MBC GROUP (“MBC” or the “Company” or the “Group), one of the leading media and
entertainment companies in the Middle East and North Africa (“MENA”) region,
today listed its shares on the Main Market of the Saudi Exchange following the
successful completion of its Initial Public Offering of shares (“IPO or “the
Offering”). The Company is now trading under the ticker symbol: MBC Group.

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MBC GROUP Announces the Completion of Offering Period for Individual Investors
and Final Allotment of Shares
Following the successful completion of the institutional book-building period
which set the Final Offer Price at SAR 25 per share and resulted in subscription
coverage of approximately 66x the total offered shares, the retail investor
offering took place from 14 December to 18 December 2023G. The number of shares
that were allocated to the retail investor tranche was 3,325,500 shares,
representing 10% of the total offering. The offering saw 359,464 retail
investors place orders totaling SAR 1,465 million, reflecting a subscription
coverage of 17.6 times the offered shares in this tranche.

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MBC GROUP Announces Final Offer Price of Its Initial Public Offering
Final Offer Price Set at Upper Range: The Final Offer Price has been set at SAR
25 per share, at the top of the previously announced price range of the IPO.
Strong Investor Interest Drives Oversubscription: The institutional
book-building process generated an order book of SAR 54.5 billion and resulted
in a subscription coverage of approximately 66x.
Gross Proceeds Set to Bolster Growth: The Offering raised gross proceeds of
approximately SAR 831 million, implying a market capitalization for the Company
of SAR 8.3 billion at listing.

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MBC GROUP Announces its IPO Offer Price Range and the start of the Institutional
Book-Building Process
The price range for the Offering has been set between SAR 23 and SAR 25 per
share (the “Price Range”). The institutional book-building period commences
today, 30 November 2023G and will close at 2:00PM KSA time on Wednesday 6
December 2023.
On 21 November 2023G, the Capital Market Authority (the “CMA”) approved the
Company’s application for registering its shares and offering 33,250,000
Ordinary Shares through a capital increase (“Offer Shares”), representing 10% of
the Company’s share capital (following the issuance of the Offer Shares and
increase of the Company’s share capital). The final price at which all
subscribers in the Offering will purchase Shares will be determined at the end
of the book-building period.

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MBC GROUP Announces Its Intention to Float on The Main Market of The Saudi
Exchange
On 21 November 2023, the Capital Market Authority (the “CMA”) approved the
Company’s application for registering its share capital and the Offering of
33,250,000 Ordinary Shares through a capital increase (“Offer Shares”),
representing 10% of the Company’s share capital (following the issuance of the
Offer Shares and increase of the Company’s share capital), and the offering
price will be determined at the end of the book-building period.
The offering’s net proceeds will be utilized for: repayment of outstanding
indebtedness, enhancing liquidity headroom to finance the working capital
requirements of the business, Shahid content expenditure and investment in new
initiatives.

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MBC GROUP, the largest and leading media company in the Middle East and North
Africa (MENA), announces the successful renewal of its content licensing deal
with Paramount Global Content Distribution, extending the collaboration of
Nickelodeon titles for a further three years. This renewal solidifies MBC
GROUP’s commitment to providing high-quality children’s entertainment across
multiple platforms, including television and video-on-demand (VoD).

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RIYADH, Kingdom of Saudi Arabia | 18 August 2023: His Highness Prince Badr bin
Abdullah bin Farhan Al Saud, Minister of Culture for the Kingdom of Saudi
Arabia, signed an agreement with Waleed bin Ibrahim Al Ibrahim, the Chairman of
MBC GROUP, to launch and operate a brand-new satellite television channel
dedicated to celebrating the richness of Saudi culture.



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Turn it up! Announcing the launch of MBC LOUD FM
Brand-new FM radio station set to offer an unparalleled experience for listeners
in KSA


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MBC LOUD FM celebrates launch in star-studded event in Boulevard Riyadh City
MBC LOUD FM is set to offer an unparalleled experience for listeners in KSA


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Shahid strengthens partnerships across MENA region, achieves 3.5x growth in 12
months
The world’s leading Arabic streaming platform by MBC GROUP celebrates its
continuing success story on partnerships across the region


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