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×Brief
Company Status: | Listed |
Business Activity: | Operating and managing a number of restaurant chains and brands. |
Current Capital: | 631.77 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Agriculture and Food Industries |
Country: | UAE |
Offered Shares (M): | |
Offered Percentage: | 30.00 % |
Offer Price (Riyal): | 2.68 |
Issue Volume (M Riyal): | 6,772.60 |
Premium: | 2.61 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 12.64 Million Shares |
Available Shares (Institutions): | 2,021.67 Million Shares |
Minimum Subscription (Institutions): | 1.87 Million Shares |
Maximum Subscription (Institutions): | 101.08 Million Shares |
Eligibility : | _ The UAE and KSA Institutional Tranche, _ The KSA Retail Tranche, _ UAE Retail Tranche . |
Use of Proceeds: | The Net Proceeds, which amount to SAR 6578.18 million will be received by the Selling Shareholder, (after the deduction of the expenses of the Offering, estimated at approximately SAR 194.42 million ), The Company will not receive any proceeds from the Offering . |
Restrictions on Dealing in Shares: | The Selling Shareholder and a number of the minority shareholders are subject to a Statutory Lock-up period of (6) months starting from the date of trading in the Company's shares in the Saudi Stock Exchange (Tadawul) in which such Selling Shareholder may not dispose of any its shares during this period, After the end of the Statutory Lock-up Period for the Selling Shareholder, the prior approval of the CMA is not required to the disposal of its shares . |
Prospectus: | Downloads |
: | Downloads |
Key Dates
Capital Market Authority Approval: | 10/31/2022 |
The minimum & maximum offering price: | 11/14/2022 |
Subscription End Date: | 11/21/2022 |
Allocation Date: | 11/28/2022 |
Distribution Date: | 12/8/2022 |
Listing Date: | 12/12/2022 |
Advisors
Lead Manager: | SNB Capital Company |
Underwriter: | SNB Capital Company, Goldman Sachs Saudi Arabia Co., Morgan Stanley Saudi Arabia Co., FAB Capital Co., EFG-Hermes KSA, HSBC Saudi Arabia Co. |
Financial Advisor: | SNB Capital Company, Goldman Sachs Saudi Arabia Co., Morgan Stanley Saudi Arabia Co., FAB Capital Co. |
Legal Advisor: | Abu Himed Al Sheikh Al Hagabani Co., khoshaim & associates Co., Allen & Overy Company , Clifford Chance Co. |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | The Saudi National Bank, Al Rajhi Bank, Riyad Bank, Alinma Bank, Arab National Bank |
IPO results
Proceeds: | SAR 1887.00 million |
Subscription Percentage: | 278.64% |
No. of Subscribers: | 283.25 thousand subscribers |
Allocation: | 892 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around (0.01%) on average . |
Chart - Americana Restaurants International PLC
Share Performance
Last Price: | 3.36 |
Change: | (1.74) % |
Market Cap (M): | 28,556.11 |
Turnover: | 38,086,505.00 |
Transactions: | 4,869.00 |
Share Stats
First Day Open: | 2.77 |
First Day High: | 3.25 |
First Day Low: | 2.75 |
First Day Close: | 3.08 |
1st Day Change: | 14.93 % |
1st Month Change: | 29.10 % |
1st year Change: | 18.66 % |
Since listing: | 26.49 % |
Related News
Luberef, Americana shares compliant with Shariah: Albilad Capital Argaam14/12/2022
Tadawul gets first dual listing as Americana debuts todayArgaam Special12/12/2022
Edaa adds Americana Restaurants subscribed securities todayArgaam08/12/2022
Americana Restaurants sets final offer price at AED 2.62/share in UAE, SAR 2.68/share in Saudi ArabiaArgaam24/11/2022
Retail subscription to Americana Restaurants’ IPO ends todayArgaam Special21/11/2022
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