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×Brief
Company Status: | Listed |
Business Activity: | The company provides general, medical, protection and savings insurance services. |
Current Capital: | 250.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | Right Issue |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Insurance |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 150.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 150.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | - |
Use of Proceeds: | The company will use the proceeds in maintaining the minimum required solvency margin. |
Restrictions on Dealing in Shares: | No restrictions. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 6/9/2015 |
Subscription End Date: | 6/23/2015 |
Allocation Date: | 7/2/2015 |
Distribution Date: | 7/9/2015 |
Listing Date: | 7/5/2015 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Saudi Arabia Insurance Company | 9.00 | 30.00 % | 172.62 |
Advisors
Lead Manager: | SAB INVEST |
Underwriter: | SAB INVEST |
Financial Advisor: | SAB INVEST |
Legal Advisor: | Ibrahim Alnaseri Lawyers & Legal Advisers |
Auditor: | Price Water House Coopers - Saudi Arabia, Aldar Audit Bureau Abdullah Al Basri & Company |
Receiving Bank: | Alawwal Bank, The Saudi National Bank, Riyad Bank, Banque Saudi Fransi, Bank Aljazira, Samba Financial Group |
IPO results
Proceeds: | SAR 145.3 mln |
Subscription Percentage: | 93.4 |
No. of Subscribers: | - |
Allocation: | - |
Chart - Saudi Arabian Cooperative Insurance Company
Share Performance
Last Price: | 19.18 |
Change: | 0.84 % |
Market Cap (M): | 578.40 |
Turnover: | 6,430,672.00 |
Transactions: | 511.00 |
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