The lock-up period imposed on shareholders of Middle East Healthcare (Saudi German Hospital) will end by the close of today’s trading, 18 months after the company’s shares listed on Tadawul.
According to Capital Market Authority’s (CMA) rules, founding shareholders are prohibited from selling the stock for a period of no less than six months.
Bait Al Batterjee is the major shareholder in MEAHCO with a 54.7 percent stake. International Finance Corp. comes second, holding an 8.4 percent stake.
|
MEAHCO’s Major Shareholders |
||
|
Major shareholders |
Number of shares (mln) |
Stake (%) |
|
Bait Al Batterjee Co. |
50.33 |
54.7% |
|
International Finance Corp. |
7.76 |
8.4% |
|
Zuhair Ahmed Al Sebaey |
3.00 |
3.3% |
|
Islamic Development Bank |
1.33 |
1.5% |
|
Sobhi Batterjee |
0.88 |
1.0% |
|
others |
1.13 |
1.1% |
|
Public |
27.61 |
30.0% |
|
Total |
92.04 |
100.0% |
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