Logo of Derayah Financial Co.
Retail investors began today, Feb. 20, subscribing to 4.99 million shares of Derayah Financial Co. at SAR 30 per share, as determined through the book-building process.
The company decided to float 49.95 million shares, or 20% of its share capital, at a nominal value of SAR 2 per share, data available to Argaam showed.
The receiving entities are Derayah Financial, Alinma Investment, Al Rajhi Capital, SNB Capital, Riyad Capital, ANB Capital, Al Istithmar Capital, AlJazira Capital, GIB Capital, Alkhabeer Capital, SAB Invest, Sahm Capital, BSF Capital and Yaqeen Capital.
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