Electric Industries IPO’s important information

10/11/2014 Argaam

The IPO of 6.75m shares of Electric Industries IPO allocated to retail investors will begin on November 11thand will last for 7 days till November 17th, 2014 at SAR 54 per share.

 

Electric Industries Company's initial public offering

Date

IPO

Tuesday Nov 11,2014 corresponding to 18-01-1436H

Start of IPO

Monday Nov 17, 2014 corresponding to 24-01-1436H

End of IPO

Monday Nov 24, 2014 corresponding to 2-02-1436H

Allocation date

Monday Nov 24, 2014 corresponding to 2-2-1436H

Surplus payment

Prohibits investors whose names appear in the company’s prospectus to sell their shares for 12 months from the start of trading in the market.

A ban on the sale of shareholders’ shares
 

 

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