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×Brief
Company Status: | Listed |
Business Activity: | The company operates in the restaurant sector through Herfy fast-food restaurant chain. It owns bakeries, pastry and meat plants under the trademark Herfy. |
Current Capital: | 270.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Agriculture and Food Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 42.86 % |
Offer Price (Riyal): | 21.28 |
Issue Volume (M Riyal): | 413.10 |
Premium: | 41.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | 4,050.00 Thousand Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens and investment funds |
Use of Proceeds: | Net proceeds of the IPO are to be distributed to selling shareholders |
Restrictions on Dealing in Shares: | The Founding shareholders may not dispose of any shares before 6 months from the trading date . After the shares restrictions are elapsed, the Founding shareholders may only dispose of their shares after obtaining CMA's approval. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 1/11/2010 |
Subscription End Date: | 1/17/2010 |
Allocation Date: | 1/23/2010 |
Distribution Date: | 1/23/2010 |
Listing Date: | 2/2/2010 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Savola Group Co. | 31.69 | 49.00 % | 999.92 |
Ahmad Hamad Al Said | 9.90 | 15.30 % | 312.22 |
Advisors
Lead Manager: | Aldukheil Financial Group |
Underwriter: | Al Rajhi Capital Company |
Financial Advisor: | Aldukheil Financial Group |
Legal Advisor: | Baker & McKenzie Limited |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | Al Rajhi Bank, Riyad Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank |
IPO results
Proceeds: | SAR 496.6mn |
Subscription Percentage: | 241% |
No. of Subscribers: | 745.1K |
Allocation: | The allocation rate was set at 5 shares per each subscriber |
Chart - Herfy Food Services Co.
Share Performance
Last Price: | 31.55 |
Change: | 2.57 % |
Market Cap (M): | 2,063.29 |
Turnover: | 5,587,912.00 |
Transactions: | 955.00 |
Share Stats
First Day Open: | 25.45 |
First Day High: | 26.39 |
First Day Low: | 24.31 |
First Day Close: | 24.61 |
1st Day Change: | 15.65 % |
1st Month Change: | 14.71 % |
1st year Change: | 64.25 % |
Since listing: | 49.91 % |
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