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×Brief
Company Status: | Listed |
Business Activity: | Production and sale of cement |
Current Capital: | 1,300.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Cement |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 63.66 % |
Offer Price (Riyal): | 11.96 |
Issue Volume (M Riyal): | 650.00 |
Premium: | 13.30 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 500.00 Thousand Shares |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | Saudi Citizens |
Use of Proceeds: | The net proceeds from the IPO, amounting to SAR 632.45mn, will be used as follows: 1) SAR 360.98mn for shareholders 2) SAR 271.47mn for the company's capital increase |
Restrictions on Dealing in Shares: | The current shareholders are not allowed to act in any shares for a period of six months from the start trading date in the stock market. |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 7/19/2010 |
Subscription End Date: | 7/25/2010 |
Allocation Date: | 8/1/2010 |
Distribution Date: | 8/1/2010 |
Listing Date: | 8/11/2010 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Rasan Fund for Basic Materials | 7.46 | 6.86 % | 85.16 |
Suleiman Bin Saleh Al Muhaileb & Sons Company | 5.53 | 5.09 % | 63.18 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | SNB Capital Company |
Financial Advisor: | SNB Capital Company, KASB Capital Co. |
Legal Advisor: | Hani Qurashi Law Firm, Eversheds LLP |
Auditor: | KPMG Al Fozan & Partners |
Receiving Bank: | Al Rajhi Bank, Arab National Bank, Riyad Bank, Samba Financial Group, Banque Saudi Fransi, Alinma Bank, The Saudi National Bank, Yaqeen Financial Company, Jadwa Investment Co., Aloula Geojit Capital |
IPO results
Proceeds: | SAR 1330m |
Subscription Percentage: | 204% |
No. of Subscribers: | 1630K |
Allocation: | Around 40 shares have been allocated for each subscriber |
Chart - Al Jouf Cement Company
Share Performance
Last Price: | 11.42 |
Change: | (0.70) % |
Market Cap (M): | 1,239.18 |
Turnover: | 1,989,637.00 |
Transactions: | 346.00 |
Share Stats
First Day Open: | 14.66 |
First Day High: | 15.07 |
First Day Low: | 13.52 |
First Day Close: | 14.90 |
1st Day Change: | 24.58 % |
1st Month Change: | 25.02 % |
1st year Change: | 46.59 % |
Since listing: | (4.68 %) |
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