Logo of Scientific & Medical Equipment House Co.
The ban on Scientific and Medical Equipment House Co.’s (Equipment House) majority shareholders from selling shares was lifted today, Aug. 28, six months after the stock began trading on the Saudi Exchange (Tadawul) on Feb. 28.
Major shareholders who own 45.48% faced a six-month ban since the company’s debut on Tadawul, during which they were not allowed to sell their shares.
As of today, they will be able to sell their shares without obtaining approval from the Capital Market Authority (CMA).
|
Major Shareholders |
||
|
Shareholders |
Equity |
|
|
Number of Shares (mln) |
Ownership (%) |
|
|
Matar bin Saud Muhammad Al-Arefi |
1.52 |
7.58% |
|
Bandar bin Saud Muhammad Al-Arefi |
1.52 |
7.58% |
|
Barakat bin Saud Mohammed Al-Arefi |
1.52 |
7.58% |
|
Bashir bin Saud Muhammad Al-Arifi |
1.52 |
7.58% |
|
Basil bin Saud Mohammed Al-Arifi |
1.52 |
7.58% |
|
Badr bin Saud Muhammad Al-Arefi |
1.52 |
7.58% |
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