Subscription begins today for Anmat’s 5M-share offering on Nomu

Logo of Anmat Technology Trading Co.

Qualified investors began today, May 22, subscribing to 5 million shares of Anmat Technology Trading Co. on the Nomu-Parallel Market. The price is set at SAR 9.5 per share.

The offering represents 13.16% of the company’s pre-IPO capital and 11.63% of the company’s post-IPO capital.

Anmat’s current capital amounts to SAR 38 million. The company’s Pre-IPO will be SAR 43 million, divided into 43 million shares at a par value of SAR 1 each.

For More IPOs

The subscription period will run for six business days, ending on Monday, May 27.

Today’s listings of Anmat share will bring this year’s IPOs to 15 on the parallel market.

Nomu witnessed 28 IPOs in 2024.

In December 2024, the Capital Market Authority (CMA) approved Anmat’s application to offer its shares on Nomu.

The subscription is limited to certain categories of investors, including capital market institutions authorized to act on their accounts, as well as clients of capital market institutions authorized to carry out management operations.

This is provided that they are appointed under terms that enable them to take decisions related to accepting participation in the share offering and investment in Nomu on behalf of clients without prior consent.

The categories include the Saudi government, any government or international entity approved by the CMA, the Saudi market, any other financial market recognized by the CMA, or the Securities Depository Center (Edaa).

They also include companies owned by the government, directly or through a portfolio managed by a person authorized to practice management operations. This is in addition to investment funds, companies, and funds established in the GCC countries.

They also include investment funds and any legal person entitled to open investment accounts inside the Kingdom and with Edaa.

Natural persons are allowed to open investment accounts inside the Kingdom and with Edaa, provided they fulfill certain criteria.

They should have executed transactions in the securities markets worth a minimum of SAR 40 million, and at least 10 deals in each quarter during the past 12 months.

Natural persons should also have a net asset value of at least SAR 5 million and be working or have worked for at least three years in the financial sector.

They should hold a general certificate in securities dealing, approved by the CMA, and a professional certificate in the field of securities business, approved by an internationally recognized body.

Company Profile:

Established in 2008, Anmat caters to three main segments: Information technology & communications (ICT), construction & building, and industrial. Its services include:

- Providing tailored software solutions to meet the specific needs of customers across various sectors.

- Supplying and managing network systems, data centers, and cloud storage solutions.

- Providing integrated solutions to protect data and systems from cyber threats.

- Supplying and implementing advanced systems for voice and video applications and comprehensive communications services.

- Planning, coordinating, and executing construction projects, ensuring adherence to timelines and budgets.

- Implementing various residential and commercial projects, from residential buildings to large commercial complexes.

- Designing and implementing infrastructure projects such as roads, bridges, and water and sewage networks.

- Providing high-quality finishing services and designing and executing metal structures for industrial and commercial projects.

- Performing electrolytic coating processes, especially on aluminum.

- Coating aluminum profiles to improve their properties and protect them.