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×Brief
Company Status: | Listed |
Business Activity: | Fast food. |
Current Capital: | 32.00 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: | 20.00 % |
Offer Price (Riyal): | 84.00 |
Issue Volume (M Riyal): | 53.76 |
Premium: | 74.00 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 estimated at ( SAR 2.25 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 Existing Substantial Shareholders who own 5% or more of the Company’s shares may not dispose of any shares during a period of 12 months from the date on which trading of the Offer Shares commences on the Parallel Market ( Restriction Period ). After the said share restriction period has elapsed, the Securities Depository Center will lift the restrictions on those shares directly . |
Prospectus: | - |
: | - |
Key Dates
Capital Market Authority Approval: | 12/5/2022 |
The minimum & maximum offering price: | 3/12/2023 |
Subscription End Date: | 3/19/2023 |
Allocation Date: | 3/23/2023 |
Distribution Date: | 3/29/2023 |
Listing Date: | 4/13/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Aref Qaid Ali Al-Misbahi | 1.28 | 40.00 % | 91.78 |
Al Thanya Special Food Opportunities Trading Co. | 0.77 | 24.00 % | 55.07 |
Randa Hamed al-Nujaimi | 0.51 | 16.00 % | 36.71 |
Advisors
Lead Manager: | Alinma Investment Company |
Underwriter: | - |
Financial Advisor: | Alinma Investment Company |
Legal Advisor: | Zaree & Al Hamdan Advocates & Legal Consultants |
Auditor: | BDO Dr. Mohamed Al-Amri & Co. |
Receiving Bank: | Alinma Investment Company, Al Rajhi Bank, Alkhabeer Capital Company |
IPO results
Proceeds: | - |
Subscription Percentage: | 108.96% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Ghida Alsultan for Fast Food Co.
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