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×Brief
Company Status: | Listed |
Business Activity: | Manufacture of ice cream. |
Current Capital: | 14.10 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: | 25.00 % |
Offer Price (Riyal): | 71.00 |
Issue Volume (M Riyal): | 20.02 |
Premium: | 60.99 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 , 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: | Major shareholders will be subject to a 12-month lock-up period, during which they will be banned from disposing of their shares starting from the listing date on Nomu-Parallel Market. Major shareholders may dispose of their shares after the lock-up period without obtaining a prior approval from CMA . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 3/28/2022 |
The minimum & maximum offering price: | 5/11/2022 |
Subscription End Date: | 5/15/2022 |
Allocation Date: | 5/22/2022 |
Distribution Date: | 5/24/2022 |
Listing Date: | 6/12/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
HAK Holding - Hassan Abdulkarim Al-Qahtani Group | 1.01 | 71.64 % | 87.78 |
Haka Investment Co. | 0.11 | 7.96 % | 9.75 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | - |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | - |
Auditor: | Baker Tilly Co. |
Receiving Bank: | - |
IPO results
Proceeds: | SAR 1155.27 million |
Subscription Percentage: | 5770% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Arabian Food and Dairy Factories Co.
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