Logo of AME Co. for Medical Supplies
AME Company for Medical Supplies announced today, Dec. 27, the registration document for the direct listing of its shares on Nomu Parallel Market, Aldukheil Financial Group (AFG), the financial advisor of the listing, said in a bourse statement.
Last week, the Capital Market Authority (CMA) approved the registration of AME Medical Supplies shares for the purpose of direct listing on Nomu.
Established in 2009 and headquartered in Jeddah, the company was transformed to a Saudi joint stock company in June 2021.
The company's current capital is SAR 70 million, divided into seven million shares with a nominal value of SAR 10 per share.
AME Medical Supplies’ activities are represented in retailing medical devices, equipment and supplies, according to its commercial register.
The medical supplies company distributes and markets medical products, supplies, equipment and devices used mainly in the field of cosmetics and plastic surgery in Saudi Arabia.
The company set the price guidance per share at SAR 50.
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AME Medical Supplies' Shareholders |
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Shareholders |
Before Direct Listing |
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No. of shares ('000) |
Ownership percentage |
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Ezdihar Al-Oula Medical Co. |
1500.1 |
21.43 % |
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Ali Mohammed Deeb Ali Eed |
1050.0 |
15.00 % |
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Mawadda Ali Deeb Eed |
189.0 |
2.70 % |
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Tala Ali Mohammed Deeb Eed |
189.0 |
2.70 % |
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Ahmed Saud Hamza Ghouth |
50.0 |
0.71 % |
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Hisham Omar Ali Baroom |
50.0 |
0.71 % |
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Public (78 shareholders) |
3971.9 |
56.74 % |
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Total |
7000.0 |
100% |
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Company Profile |
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Company |
AME Medical Supplies |
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Market |
Nomu Parallel Market |
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Core Activities |
Retailing of medical devices, equipment and supplies |
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Status |
Active |
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Capital |
SAR 70 mln |
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Number of Shares |
7 mln |
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Nominal Value |
SAR 10/share |
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SAR 50 |
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Method of Setting Opening Price |
The share opening price is set based on demand and supply, by means of the opening auction mechanism. During such a period, investors can enter buy/sell orders, and thus the trading system finds the fair price with which orders are executed after being matched during the auction period. The execution price will be the opening price with an allowed daily fluctuation ratio of +/-30%. The price guidance is considered a reference only for the fair market value, which is the debut price for the first day only. |
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Qualified investors |
- Current shareholders (except for owners of 5% or more, to whom the lock-up period shall apply). - Qualified investors categories |
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Additional Information |
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Financial advisor |
Aldukheil Financial Group (AFG) |
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