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×Brief
Company Status: | Listed |
Business Activity: | Conventional and Islamic commercial banking services |
Current Capital: | 20,000.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Banks |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 25.00 % |
Offer Price (Riyal): | 45.00 |
Issue Volume (M Riyal): | 22,500.00 |
Premium: | 35.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | 200.00 Million Shares |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi individuals |
Use of Proceeds: | The net proceeds of the IPO will be paid to Selling Shareholder (Public Investment Fund - PIF). The Company will not receive any part of the proceeds from the subscription |
Restrictions on Dealing in Shares: | Public Investment Fund and General Organization for Social Insurance may not dispose of any of their shares during a period of nine (9) months from the date on which the Subscription Shares began trading on the Tadawul. At the end of the lock-in period of nine (9) months, the aforementioned shareholders may dispose of their shares on the condition that they obtain the CMA’s and SAMA’s prior approval |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 10/19/2014 |
Subscription End Date: | 11/2/2014 |
Allocation Date: | 11/7/2014 |
Distribution Date: | 11/7/2014 |
Listing Date: | 11/12/2014 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Public Investment Fund | 2,233.80 | 37.23 % | 80,193.42 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co., GIB Capital LLC |
Underwriter: | - |
Financial Advisor: | HSBC Saudi Arabia Co., GIB Capital LLC |
Legal Advisor: | Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | KPMG Al Fozan & Partners, Ernst & Young Professional Services Co |
Receiving Bank: | Arab National Bank, Riyad Bank, Saudi Awwal Bank, Samba Financial Group, Banque Saudi Fransi, Alawwal Bank, Saudi Investment Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 310.7bn |
Subscription Percentage: | 2301% |
No. of Subscribers: | 1250K |
Allocation: | Full subscribed shares will be allocated for each individual subscriber till an amount of 2000 shares, while the remaining shares will be allocated on a pro rata basis at 1.256% |
Chart - The Saudi National Bank
Share Performance
Last Price: | 35.90 |
Change: | (0.14) % |
Market Cap (M): | 215,400.00 |
Turnover: | 119,173,567.00 |
Transactions: | 3,753.00 |
Share Stats
First Day Open: | 24.63 |
First Day High: | 24.63 |
First Day Low: | 24.63 |
First Day Close: | 24.63 |
1st Day Change: | (45.27 %) |
1st Month Change: | (38.75 %) |
1st year Change: | (43.33 %) |
Since listing: | (20.22 %) |
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