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×Brief
Company Status: | Listed |
Business Activity: | Producing copper and zinc concentrates, as well as silver and gold bars. |
Current Capital: | 660.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Industrial investment |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 35.15 % |
Offer Price (Riyal): | 46.22 |
Issue Volume (M Riyal): | 1,247.40 |
Premium: | 118.98 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 13.86 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 3.30 Million Shares |
Eligibility : | _ Participating Parties , _ Individual Investors . |
Use of Proceeds: | The net proceeds from the Offering amounting to approximately SAR (1217.40) Million after deducting the full Offering expenses estimated at SAR (30.00) Million will be distributed as follows: (1) SAR (622.77) Million will be distributed to the Selling Shareholders on a pro-rata basis based on each Selling Shareholder's percentage ownership in the Sale Shares being sold in the Offering; (2) SAR (594.63) Million will be distributed to the Company and will be used to finance the Moyeath orebody development project, and the current prospects of copper, gold, zinc, and nickel under its current Exploration Licenses . |
Restrictions on Dealing in Shares: | Major shareholders in the Company shall be subject to a look-up period of six (6) months starting from the date on which shares of the Company are traded in the market where they may not dispose shares during this period. After the lapse of this period, they may dispose their shares without the need to get a prior consent from the Authority . |
Prospectus: | Downloads |
: | - |
Key Dates
Capital Market Authority Approval: | 12/22/2021 |
The minimum & maximum offering price: | 3/9/2022 |
Subscription End Date: | 3/11/2022 |
Allocation Date: | 3/15/2022 |
Distribution Date: | 3/17/2022 |
Listing Date: | 3/29/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Arab Mining Co. | 12.82 | 14.24 % | 749.74 |
Asas Mining Co. | 12.00 | 13.33 % | 701.82 |
National Lead Smelting Co. Ltd. (Rasass) | 5.46 | 6.07 % | 319.59 |
Advisors
Lead Manager: | Al Rajhi Capital Company |
Underwriter: | Al Rajhi Capital Company |
Financial Advisor: | Al Rajhi Capital Company |
Legal Advisor: | Abdulaziz Al Ajlan Office |
Auditor: | Ernst & Young Professional Services Co |
Receiving Bank: | Al Rajhi Bank, The Saudi National Bank, Riyad Bank |
IPO results
Proceeds: | SAR 4.00 billion |
Subscription Percentage: | 1060% |
No. of Subscribers: | 1.37 million subscribers |
Allocation: | 4 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around ( 0.766% ) on average . |
Chart - Almasane Alkobra Mining Co.
Share Performance
Last Price: | 58.50 |
Change: | (1.35) % |
Market Cap (M): | 5,265.00 |
Turnover: | 24,095,201.00 |
Transactions: | 1,093.00 |
Share Stats
First Day Open: | 50.84 |
First Day High: | 60.08 |
First Day Low: | 50.84 |
First Day Close: | 60.08 |
1st Day Change: | 29.99 % |
1st Month Change: | 74.59 % |
1st year Change: | 16.82 % |
Since listing: | 26.57 % |
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