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×Brief
Company Status: | Listed |
Business Activity: | The Company operates an integrated production/manufacturing complex that produces refined petroleum and petrochemical products. |
Current Capital: | 16,710.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Petrochemical Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 90.75 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 7,950.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Registered Shareholders and New Investors . |
Use of Proceeds: | _ Repayment of the loan from the Founding Shareholders under the Rabigh 1 Shareholder Loan Agreement through the capitalization of the amounts due to the Founding Shareholders SAR 5962.50 million, _ Partial repayment of the Equity Bridge Loans SAR 1927.50 million, _ Expected Offering Expenses SAR 60.00 million . |
Restrictions on Dealing in Shares: | Except for the lock-up period applicable to the Founding Shareholders and the general regulatory restrictions on trading of listed shares, all of the Shares are listed on Tadawul and are not subject to any restrictions that limit trading thereof . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 4/25/2022 |
The minimum & maximum offering price: | 6/14/2022 |
Subscription End Date: | 6/26/2022 |
Allocation Date: | 7/6/2022 |
Distribution Date: | 7/17/2022 |
Listing Date: | 7/6/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
The Saudi Arabian Oil Company | 626.63 | 37.50 % | 4,599.43 |
Sumitomo Chemical Co. | 626.63 | 37.50 % | 4,599.43 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co., Riyad Capital , Alinma Investment Company, GIB Capital LLC, SNB Capital Company, ANB Capital, Saudi Fransi Capital , AlJazira Capital Company |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | khoshaim & associates Co. |
Auditor: | KPMG Consulting Co. |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 7723.57 million |
Subscription Percentage: | 97.15% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Rabigh Refining and Petrochemical Co.
Share Performance
Last Price: | 7.34 |
Change: | 0.00 % |
Market Cap (M): | 12,298.56 |
Turnover: | 9,836,359.00 |
Transactions: | 2,137.00 |
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