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×Brief
Company Status: | Listed |
Business Activity: | The company operates in the gold, industrial metals, aluminum and phosphate production sectors. |
Current Capital: | 9,250.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 50.00 % |
Offer Price (Riyal): | 9.25 |
Issue Volume (M Riyal): | 9,250.00 |
Premium: | 10.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 5.00 Million Shares |
Available Shares (Institutions): | 69.38 Shares |
Minimum Subscription (Institutions): | 500.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens and investment funds and authorized persons only |
Use of Proceeds: | The net proceeds from the IPO will be used in financing the company's expansion projects |
Restrictions on Dealing in Shares: | The government represented by Public Investement Fund 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 government represented by Public Investement Fund 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: | 7/5/2008 |
Subscription End Date: | 7/14/2008 |
Allocation Date: | 7/20/2008 |
Distribution Date: | 7/20/2008 |
Listing Date: | 7/28/2008 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Public Investment Fund | 1,653.42 | 67.18 % | 104,992.22 |
Advisors
Lead Manager: | Samba Capital and Investment Management Company |
Underwriter: | Samba Capital and Investment Management Company |
Financial Advisor: | JP Morgan, J.P. Morgan Saudi Arabia Co. |
Legal Advisor: | Baker & McKenzie Limited, Turkey Abdullah Alshubaiki Office of Legal Consultants |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Bank Albilad, Arab National Bank, Bank Aljazira, Riyad Bank, Saudi British Bank, Samba Financial Group, Banque Saudi Fransi, Alawwal Bank, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 10.96bn |
Subscription Percentage: | 139% |
No. of Subscribers: | 7020K |
Allocation: | The whole quantity was allocated to those who subscribed to 75 shares or less, while 77 shares were allocated to the subscribers who subscribed to 100 shares or more |
Chart - Saudi Arabian Mining Company
Share Performance
Last Price: | 63.50 |
Change: | 0.00 % |
Market Cap (M): | 156,777.17 |
Turnover: | 56,726,127.00 |
Transactions: | 3,571.00 |
Share Stats
First Day Open: | 15.25 |
First Day High: | 16.00 |
First Day Low: | 14.25 |
First Day Close: | 15.25 |
1st Day Change: | 64.86 % |
1st Month Change: | 35.14 % |
1st year Change: | (15.14 %) |
Since listing: | 588.65 % |
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