Sign In
×Brief
Company Status: | Listed |
Business Activity: | .The company offers ready-made shawarma molds |
Current Capital: | 80.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Agriculture and Food Industries |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 20.00 % |
Offer Price (Riyal): | 37.00 |
Issue Volume (M Riyal): | 59.20 |
Premium: | 27.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | The qualified investor categories stipulated in the glossary of terms used in the regulations and rules of the Capital Market Authority (CMA) . |
Use of Proceeds: | The net proceeds, after the offering expenses estimated at ( SAR 2.40 million ), will be distributed on a pro-rata basis to selling shareholders. The company will not receive any share of these proceeds . |
Restrictions on Dealing in Shares: | The Existing Substantial Shareholders who own 5% or more of the Company’s shares may not dispose of any shares during a period of 12 months from the date on which trading of the Offer Shares commences on the Parallel Market ( Restriction Period ). After the said share restriction period has elapsed, the Securities Depository Center will lift the restrictions on those shares directly . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 12/28/2022 |
The minimum & maximum offering price: | 3/5/2023 |
Subscription End Date: | 3/9/2023 |
Allocation Date: | 3/14/2023 |
Distribution Date: | 3/22/2023 |
Listing Date: | 3/26/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Tabuk Agricultural Development Co | 3.20 | 40.00 % | 159.68 |
Ahmed bin Mohammed bin Hussein Al-Arfaj | 3.20 | 40.00 % | 159.68 |
Advisors
Lead Manager: | Al-Nefaie Investment Group |
Underwriter: | - |
Financial Advisor: | Al Wasatah Al Maliah Company |
Legal Advisor: | The Law Office of Maha Al-Mogren |
Auditor: | United Accountants Professional Consulting Company |
Receiving Bank: | - |
IPO results
Proceeds: | - |
Subscription Percentage: | 103.13% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Horizon Food Co.
Related News
Horizon Food debuts on Nomu today as eighth listing of 2023Argaam Special26/03/2023
Horizon Food to debut on Nomu on March 26Argaam22/03/2023
Horizon Food's Nomu offering 103.13% covered Argaam15/03/2023
Qualified investors start subscription to 1.6 mln Horizon Food shares todayArgaam Special05/03/2023
Horizon Food prices IPO on Nomu at SAR 37/shareArgaam26/02/2023
Horizon Food issues prospectus for 20% IPO on NomuArgaam08/02/2023
Horizon Food gets CMA approval to float 1.6 mln shares on NomuArgaam28/12/2022
Call Request