Lesha Bank Completes the Acquisition of a 51% Interest in Sharaka Education Holdings Wll

Lesha Bank LLC (Public) ("Lesha Bank" or “Bank”) has successfully completed the acquisition of the 51% interest in Sharaka Education Holdings WLL, a Qatari company engaged in the education sector and operating a number of outstanding schools in Qatar. As previously announced, on 6 May 2026, the share sale and purchase agreement was signed by LB for Educational Services WLL which is wholly owned by LB Education Fund 2 GP LLC; a fund managed by Lesha Bank. The transaction was completed on 2nd July for the purchase price of QAR 192,483,746.

Sharaka Education Holdings WLL is the holding company owning the Sherborne branded schools in the State of Qatar. The investment by Lesha Bank will result in a strong partnership with the existing shareholders of Sharaka Education Holdings WLL to further develop the Sherborne branded schools in Qatar and the MENA region. The investment aligns with Lesha Bank’s private equity strategy in education sector and further expands the range of investment opportunities available to its investors across diverse sectors.