Logo of Nayifat Finance Co.
The Saudi Exchange (Tadawul) lifts today, May 22, the lock-up period imposed on Nayifat Finance Co.’s major shareholders after six months of listing on Nov. 22, 2021.
Major shareholders who own 57.8% of the company’s shares were subject to the lock-up.
As the lock-up period elapsed, they can now dispose of their shares without obtaining the approval of the Capital Market Authority (CMA).
|
Major Shareholders |
||
|
Shareholders |
Number of Shares (mln) |
Stake |
|
Falcom Holding |
48.01 |
48.01% |
|
Saud Al-Dossary |
5.11 |
5.11% |
|
Abdulaziz Alblaihed |
4.71 |
4.71% |
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