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×Brief
Company Status: | Listed |
Business Activity: | Supply and sale of medical and aesthetic devices, waste treatment and medical supplies. |
Current Capital: | 36.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | NOMU |
Sector: | Health care |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 24.00 % |
Offer Price (Riyal): | 31.00 |
Issue Volume (M Riyal): | 22.32 |
Premium: | 21.00 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 offer expenses estimated at SAR 2.40 million will be distributed on a pro-rata basis to the company and shareholders. The company will use net offering proceeds to establish two medical waste treatment plants in Abha and Hail, and complete the establishment of a plant in Jeddah . |
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: | 6/20/2023 |
The minimum & maximum offering price: | 11/12/2023 |
Subscription End Date: | 11/16/2023 |
Allocation Date: | 11/21/2023 |
Distribution Date: | 11/23/2023 |
Listing Date: | 12/6/2023 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Muhammad Abdullah Abdul Rahman Al-Shiha | 0.72 | 20.00 % | 27.94 |
Khaled Saleh Ibrahim Al-Fawzan | 0.66 | 18.40 % | 25.70 |
Salman Saleh Ibrahim Al-Fawzan | 0.66 | 18.40 % | 25.70 |
Advisors
Lead Manager: | Yaqeen Financial Company |
Underwriter: | - |
Financial Advisor: | Yaqeen Financial Company |
Legal Advisor: | - |
Auditor: | Al Kharashi & Company Certified Accountants and Auditors |
Receiving Bank: | Yaqeen Financial Company |
IPO results
Proceeds: | - |
Subscription Percentage: | 117.17% |
No. of Subscribers: | - |
Allocation: | - |
Chart - Lana Medical Co.
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