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×Brief
Company Status: | Listed |
Business Activity: | The company provides all insurance services |
Current Capital: | 400.00 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: | 100.00 % |
Offer Price (Riyal): | 10.00 |
Issue Volume (M Riyal): | 200.00 |
Premium: | 0.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | - |
Available Shares (Institutions): | - |
Minimum Subscription (Institutions): | - |
Maximum Subscription (Institutions): | - |
Eligibility : | _ Registered Shareholders, _ New Investors . |
Use of Proceeds: | _ Increase of the Statutory Deposit SAR ( 20.00 ) million, _ General Business SAR ( 24.00 ) million, _ Financial Investments SAR ( 150.00 ) million, _ Expected Offering Expenses SAR ( 6.00 ) million . |
Restrictions on Dealing in Shares: | There are no restrictions imposed on subscribing for the Rights Issue Shares . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 3/8/2022 |
The minimum & maximum offering price: | 4/25/2022 |
Subscription End Date: | 5/12/2022 |
Allocation Date: | 5/22/2022 |
Distribution Date: | 6/2/2022 |
Listing Date: | 5/26/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Ibrahim Al Juffali & Bros. Co. | 11.95 | 29.88 % | 374.70 |
Saudi National Insurance Co. | 4.50 | 11.25 % | 141.08 |
Advisors
Lead Manager: | ANB Capital |
Underwriter: | ANB Capital |
Financial Advisor: | ANB Capital |
Legal Advisor: | Zaree & Al Hamdan Advocates & Legal Consultants, Abdulaziz Al Ajlan Office |
Auditor: | Price Water House Coopers - Saudi Arabia, Ernst & Young Professional Services Co, Al Sayed Al Awaeti & co. |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 166.47 million |
Subscription Percentage: | 83.23% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Wataniya Insurance Co.
Share Performance
Last Price: | 31.35 |
Change: | 1.12 % |
Market Cap (M): | 1,264.00 |
Turnover: | 17,776,132.00 |
Transactions: | 1,314.00 |
Related News
Wataniya Insurance pays SAR 19.8 mln compensation for unsubscribed rights issue shares Argaam02/06/2022
Wataniya Insurance shareholder raises stake by 3.63% Argaam30/05/2022
Edaa to deposit Wataniya Insurance subscribed shares todayArgaam26/05/2022
Wataniya Insurance rump offering 398.9% oversubscribedArgaam22/05/2022
Wataniya Insurance rights issue 83.23% subscribed Argaam15/05/2022
Wataniya Insurance subscription to new shares closes todayArgaam12/05/2022
Wataniya Insurance rights trading closes todayArgaam Special09/05/2022
Wataniya rights trading, new shares subscription begin todayArgaam Special25/04/2022
Edaa deposits Wataniya Insurance tradable rightsArgaam18/04/2022
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