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×Brief
Company Status: | Listed |
Business Activity: | The company is the publisher of Al-Sharq Al-Awsat newspaper among other publications. It also operates in the printing, advertising and publicity sectors. |
Current Capital: | 800.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Media and Publishing |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 46.00 |
Issue Volume (M Riyal): | 1,104.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 25.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | Net proceeds will be used for the benefit of the founding shareholders |
Restrictions on Dealing in Shares: | Shareholders may not dispose thier shares for a period of six months from the trading date Following the expiry of this six month lock-in period the Shareholders may only dispose of their Shares after obtaining the approval of the CMA |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/8/2006 |
Subscription End Date: | 4/17/2006 |
Allocation Date: | 4/23/2006 |
Distribution Date: | 4/23/2006 |
Listing Date: | 5/15/2006 |
Advisors
Lead Manager: | Samba Capital and Investment Management Company |
Underwriter: | Samba Financial Group |
Financial Advisor: | Samba Financial Group |
Legal Advisor: | Baker & McKenzie Limited |
Auditor: | Ernst & Young Professional Services Co |
Receiving Bank: | Riyad Bank, Banque Saudi Fransi, Alawwal Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 4.4bn |
Subscription Percentage: | 400% |
No. of Subscribers: | 1600K |
Allocation: | The allocation rate was set at around 15 shares per subcriber |
Chart - Saudi Research and Media Group
Share Performance
Last Price: | 241.60 |
Change: | 1.26 % |
Market Cap (M): | 19,280.00 |
Turnover: | 11,118,949.00 |
Transactions: | 1,023.00 |
Share Stats
First Day Open: | 91.00 |
First Day High: | 110.00 |
First Day Low: | 80.25 |
First Day Close: | 95.00 |
1st Day Change: | 106.52 % |
1st Month Change: | 72.28 % |
1st year Change: | 27.72 % |
Since listing: | 423.91 % |
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