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×Brief
Company Status: | Listed |
Business Activity: | The company is the third mobile phone operator in Saudi Arabia. |
Current Capital: | 10,801.000 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Telecom & IT |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 124.974 % |
Offer Price (Riyal): | 10.000 |
Issue Volume (M Riyal): | 6,000.000 |
Premium: | 0.000 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered shareholders on the Record Date (July 4, 2012) |
Use of Proceeds: | The net proceeds of the subscription will be used as follows: 1- SAR 3.45bn will be used for various purposes, including underwriting expenses 2- SAR 2.55bn will be used in a specific amount of shareholders capitalization fund |
Restrictions on Dealing in Shares: | CMA has imposed a restriction on the Founding Shareholders and ADIH from disposing of: any of their Existing Shares; and the Rights Issue Shares subscribed to by them in the same proportion as the number of Existing Shares owned by them, in each case for a period of six months from the date of ,Admission. Following the expiry of this six month lock-in period the Founding Shareholders and ADIH may only dispose of their Shares after obtaining the approval of the CMA, |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 7/10/2012 |
Subscription End Date: | 7/17/2012 |
Allocation Date: | 7/24/2012 |
Distribution Date: | 7/24/2012 |
Listing Date: | 7/24/2012 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Mobile Telecommunications Co. | 332.890 | 37.04 % | 4,041.280 |
Advisors
Lead Manager: | Saudi Fransi Capital |
Underwriter: | Al Rajhi Capital Company, Saudi Fransi Capital , Alinma Investment Company, Al-bilad Investment Co., SAB INVEST |
Financial Advisor: | Al Rajhi Capital Company, Saudi Fransi Capital |
Legal Advisor: | Clifford Chance Co., Youssef Al-Jadaan & Partners Law Firm, Khaled Al-Thebeity Law Firm |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Bank Albilad, Arab National Bank, Bank Aljazira, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, Alawwal Bank, Saudi Investment Bank, Alinma Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 6300mn |
Subscription Percentage: | 105% |
No. of Subscribers: | 66.86K |
Allocation: | - |
Chart - Mobile Telecommunication Company Saudi Arabia
Share Performance
Last Price: | 12.14 |
Change: | 0.66 % |
Market Cap (M): | 10,892.61 |
Turnover: | 16,236,816.00 |
Transactions: | 2,214.00 |
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