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×Brief
Company Status: | Listed |
Business Activity: | The company builds and manages private schools and invests in the sports, entertainment and fitness centers sectors. |
Current Capital: | 430.00 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: | 43.33 % |
Offer Price (Riyal): | 19.00 |
Issue Volume (M Riyal): | 247.00 |
Premium: | 9.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 11.70 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 2.15 Million Shares |
Eligibility : | Saudi normal persons, companies and institutions. |
Use of Proceeds: | Financing the company's future plans |
Restrictions on Dealing in Shares: | Original shareholders shall not dispose of their holdings for a period of six months from the date of commencement of trading of the Company’s stock. |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 10/22/2018 |
Subscription End Date: | 10/28/2018 |
Allocation Date: | 11/4/2018 |
Distribution Date: | 11/4/2018 |
Listing Date: | 11/18/2018 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Mohammed Ibrahim Al-Khudair Waqf Foundation | 6.06 | 14.09 % | 912.44 |
Endowments of Muhammad Ibrahim Al-Khudair | 3.52 | 8.19 % | 530.37 |
3.27 | 7.61 % | 492.81 | |
Fahd Muhammad Ibrahim Al-Khudair | 3.26 | 7.59 % | 491.51 |
Ibrahim Muhammad Ibrahim Al-Khudair | 3.06 | 7.12 % | 461.08 |
Advisors
Lead Manager: | Alinma Investment Company |
Underwriter: | Alinma Investment Company |
Financial Advisor: | Aldukheil Financial Group |
Legal Advisor: | The Law Office of Abdulaziz H. Al Fahad and Partners |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Alinma Bank, Riyad Bank, The Saudi National Bank, Al Rajhi Bank |
IPO results
Proceeds: | SAR 80.88 mln |
Subscription Percentage: | 327% |
No. of Subscribers: | 62k subscriber |
Allocation: | 1.3 million shares were allocated to individual subscribers representing 10% of the total shares offered, while 11.7 million shares were allocated to the institutions, representing 90% of the total shares offered. |
Chart - National Company for Learning and Education
Share Performance
Last Price: | 150.60 |
Change: | 1.35 % |
Market Cap (M): | 6,475.80 |
Turnover: | 9,482,573.00 |
Transactions: | 1,090.00 |
Share Stats
First Day Open: | 20.90 |
First Day High: | 20.90 |
First Day Low: | 19.20 |
First Day Close: | 20.00 |
1st Day Change: | 5.26 % |
1st Month Change: | 5.37 % |
1st year Change: | 33.68 % |
Since listing: | 692.63 % |
Related News
Tadawul: National Learning goes ex-dividend todayArgaam13/01/2021
National Learning discloses use of IPO proceedsArgaam10/01/2019
National Education allocates 10 shares per IPO subscriberArgaam04/11/2018
National Education's retail offering 327% oversubscribed Argaam31/10/2018
Retail subscription for National Education’s IPO ends todayArgaam28/10/2018
National Education’s IPO launched for retail investors Argaam24/10/2018
National Education’s IPO to start today on TadawulArgaam22/10/2018
National Education to launch retail offering on Monday Argaam18/10/2018
National Education’s issue price set at SAR 19/share, institutional offering 155% oversubscribedArgaam14/10/2018
National Education issues prospectus for IPO on TadawulArgaam20/09/2018
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