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×Brief
Company Status: | Listed |
Business Activity: | The company owns and operates private schools, training facilities, and education centers. |
Current Capital: | 400.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Retail |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 42.86 % |
Offer Price (Riyal): | 29.00 |
Issue Volume (M Riyal): | 348.00 |
Premium: | 19.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 12.00 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 1.99 Million Shares |
Eligibility : | Saudi individuals, and Gulf investors |
Use of Proceeds: | Net proceeds are allocated net of issuance expenses to the selling shareholders according to their respective ownership interest in the offering shares |
Restrictions on Dealing in Shares: | The Company's major shareholders are subject to a six-month grace period commencing from the date of the commencement of trading of the Company's shares in the Market. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 7/14/2019 |
Subscription End Date: | 7/18/2019 |
Allocation Date: | 7/25/2019 |
Distribution Date: | 7/25/2019 |
Listing Date: | 7/31/2019 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
National Advanced Ebdaa Trading Company | 8.00 | 19.01 % | 564.89 |
RZM Investment | 6.88 | 16.34 % | 485.55 |
6.20 | 14.73 % | 437.71 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co. |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | - |
Receiving Bank: | The Saudi National Bank, Al Rajhi Bank, Saudi Awwal Bank, Bank Aljazira |
IPO results
Proceeds: | SAR 148 mln |
Subscription Percentage: | 426% |
No. of Subscribers: | 38.56 k Subscriber |
Allocation: | 10 shares representing the minimum allocation per subscriber were allocated to individual subscribers. |
Chart - Ataa Educational Co.
Share Performance
Last Price: | 70.60 |
Change: | (1.67) % |
Market Cap (M): | 2,971.55 |
Turnover: | 2,290,629.00 |
Transactions: | 289.00 |
Share Stats
First Day Open: | 31.90 |
First Day High: | 31.90 |
First Day Low: | 31.90 |
First Day Close: | 31.90 |
1st Day Change: | 10.00 % |
1st Month Change: | 13.28 % |
1st year Change: | 29.31 % |
Since listing: | 143.45 % |
Related News
Ataa Educational issues prospectus for IPO on TadawulArgaam Special19/06/2019
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