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×Brief
Company Status: | Listed |
Business Activity: | Production of metal wires. |
Current Capital: | 325.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Building & Construction |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 33.68 |
Issue Volume (M Riyal): | 331.50 |
Premium: | - |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 100.00 Thousand Shares |
Available Shares (Institutions): | 4.87 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi citizens and investment funds |
Use of Proceeds: | The net proceeds from the IPO will be paid to the selling shareholders |
Restrictions on Dealing in Shares: | Founding shareholders 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 Founding Shareholders 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: | 8/1/2011 |
Subscription End Date: | 8/7/2011 |
Allocation Date: | 8/14/2011 |
Distribution Date: | 8/14/2011 |
Listing Date: | 8/21/2011 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Mohammed Rashid Mohammed Al Rashid | 3.44 | 12.25 % | 113.34 |
Khaled Saad Abdelrahman Al Kanhal | 1.97 | 7.00 % | 64.77 |
Ahmad Racheed Mohamad Alracheed | 1.50 | 5.34 % | 49.41 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | Yaqeen Financial Company |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | Abdulaziz Alassaf & Partners Law Firm |
Auditor: | Deloitte Touche Tohmatsu |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Riyad Bank, Samba Financial Group, Banque Saudi Fransi, The Saudi National Bank, Yaqeen Financial Company, Aldukheil Financial Group |
IPO results
Proceeds: | SAR 190.40mn |
Subscription Percentage: | - |
No. of Subscribers: | 197.5k |
Allocation: | The allocation rate was set at 10 shares per individual subscriber |
Chart - United Wire Factories Company
Share Performance
Last Price: | 32.95 |
Change: | 3.28 % |
Market Cap (M): | 929.45 |
Turnover: | 7,296,063.00 |
Transactions: | 856.00 |
Share Stats
First Day Open: | 36.65 |
First Day High: | 38.04 |
First Day Low: | 35.37 |
First Day Close: | 35.58 |
1st Day Change: | 5.65 % |
1st Month Change: | 5.65 % |
1st year Change: | 15.34 % |
Since listing: | (1.72 %) |
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