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×Brief
Company Status: | Listed |
Business Activity: | The company is a provider of insurance services. |
Current Capital: | 200.000 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Insurance |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 66.667 % |
Offer Price (Riyal): | 6.710 |
Issue Volume (M Riyal): | 80.000 |
Premium: | 0.000 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.000 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | The offering net proceeds will be used to finance the company's operations and investments |
Restrictions on Dealing in Shares: | Shareholders may not dispose any of their shares before three years from the establishment date (Lock-Up Period) |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 3/8/2008 |
Subscription End Date: | 3/15/2008 |
Allocation Date: | 3/20/2008 |
Distribution Date: | 3/20/2008 |
Listing Date: | 6/21/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
United Cooperative Assurance | 12.100 | 30.25 % | 132.616 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | SNB Capital Company |
Financial Advisor: | BMG Financial Group |
Legal Advisor: | Al-Rowaished & Al-Assaf Law Firm |
Auditor: | Al Bassam Law Firm |
Receiving Bank: | Samba Financial Group, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 1.01bn |
Subscription Percentage: | 1264% |
No. of Subscribers: | 131.18K |
Allocation: | The allocation rate was set at 4 shares per subscriber |
Chart - United Cooperative Assurance Co.
Share Performance
Last Price: | 10.96 |
Change: | 5.68 % |
Market Cap (M): | 446.40 |
Turnover: | 21,851,311.00 |
Transactions: | 1,982.00 |
Share Stats
First Day Open: | 24.81 |
First Day High: | 25.82 |
First Day Low: | 19.45 |
First Day Close: | 19.62 |
1st Day Change: | 192.40 % |
1st Month Change: | 134.87 % |
1st year Change: | 163.79 % |
Since listing: | 66.32 % |
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