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×Brief
Company Status: | Listed |
Business Activity: | The company imports, markets and distributes frozen, chilled, and dry foods. |
Current Capital: | 600.00 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: | 30.00 % |
Offer Price (Riyal): | 60.00 |
Issue Volume (M Riyal): | 1,080.00 |
Premium: | 50.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 300.00 Thousand Shares |
Available Shares (Institutions): | 16.20 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 3.00 Million Shares |
Eligibility : | _ Participating Parties: This category includes the parties entitled to participate in the book-building process, according to the rules of Capital Market Authority (CMA) . _ Individual Investors . |
Use of Proceeds: | The net proceeds, after offering expenses of SAR ( 36.00 ) 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 substantial shareholder who owns 5% of more of the Shares and comprises Abdullah Ali Almunajem Sons Company may not dispose of any of their shares for a period of 6 months, and the company may not list additional shares on the Saudi Exchange for a period of 6 months, in each case from the date on which trading of the company’s shares commences on the Saudi Exchange . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | - |
The minimum & maximum offering price: | 12/5/2021 |
Subscription End Date: | 12/6/2021 |
Allocation Date: | 12/11/2021 |
Distribution Date: | 12/13/2021 |
Listing Date: | 12/20/2021 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Abdullah Almunajem Sons Co. | 41.58 | 69.30 % | 4,698.54 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co. |
Financial Advisor: | HSBC Saudi Arabia Co. |
Legal Advisor: | Abdulaziz Al Ajlan Office , khoshaim & associates Co. |
Auditor: | - |
Receiving Bank: | Saudi Awwal Bank, The Saudi National Bank, Al Rajhi Bank |
IPO results
Proceeds: | SAR 1.3 billion |
Subscription Percentage: | 1190% |
No. of Subscribers: | 431.30 thousand subscribers |
Allocation: | 4 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around ( 0.3793 % ) on average . |
Chart - Almunajem Foods Co.
Share Performance
Last Price: | 113.00 |
Change: | (2.25) % |
Market Cap (M): | 6,780.00 |
Turnover: | 45,792,187.00 |
Transactions: | 2,018.00 |
Share Stats
First Day Open: | 66.00 |
First Day High: | 66.00 |
First Day Low: | 62.60 |
First Day Close: | 63.40 |
1st Day Change: | 5.67 % |
1st Month Change: | 3.33 % |
1st year Change: | (0.50 %) |
Since listing: | 88.33 % |
Related News
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