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×Brief
Company Status: | Listed |
Business Activity: | Cement production. |
Current Capital: | 550.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Cement |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 100.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 275.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 200.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | After deducting offering expenses the proceeds from the IPO will be used to finance the construction of the cement plant and its facilities. |
Restrictions on Dealing in Shares: | The current shareholders are not allowed to act in their shares until the company announce the start of commercial production , and pass three fiscal years, each not less than 12 months from the date of listing of the company's shares . the shareholders aren't allowed to act in the shares after the end of the specified period without the permission of Capital market authority |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 4/29/2014 |
Subscription End Date: | 5/5/2014 |
Allocation Date: | 5/11/2014 |
Distribution Date: | 5/11/2014 |
Listing Date: | 6/12/2014 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Al Abdullatief Group Holding Co. | 4.79 | 8.70 % | 79.34 |
Advisors
Lead Manager: | Riyad Capital |
Underwriter: | Riyad Capital |
Financial Advisor: | Riyad Capital |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | AlHoshan Offices |
Receiving Bank: | Al Rajhi Bank, Riyad Bank, Banque Saudi Fransi, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 2.33bn |
Subscription Percentage: | 847.68% |
No. of Subscribers: | 3310K |
Allocation: | 8 shares were allocated for each subsciber |
Chart - Umm Al-Qura Cement Co.
Share Performance
Last Price: | 16.58 |
Change: | (0.72) % |
Market Cap (M): | 914.10 |
Turnover: | 2,670,195.00 |
Transactions: | 393.00 |
Share Stats
First Day Open: | 11.00 |
First Day High: | 11.00 |
First Day Low: | 11.00 |
First Day Close: | 11.00 |
1st Day Change: | 10.00 % |
1st Month Change: | 317.50 % |
1st year Change: | 299.80 % |
Since listing: | 66.20 % |
Related News
Umm Al Qura Cement uses IPO proceeds to fund plant projectArgaam29/07/2015
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