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×Brief
Company Status: | Listed |
Business Activity: | .Providing power and water services |
Current Capital: | 2,500.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Energy & Utilities |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 41.32 % |
Offer Price (Riyal): | 46.00 |
Issue Volume (M Riyal): | 3,362.35 |
Premium: | 36.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 51.17 Million Shares |
Minimum Subscription (Institutions): | 100.00 Thousand Shares |
Maximum Subscription (Institutions): | 12.49 Million Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | The net proceeds, after offering expenses, 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: | Major shareholders in the Company shall be subject to a look-up period of six (6) months starting from the date on which shares of the Company are traded in the market where they may not dispose shares during this period. After the lapse of this period, they may dispose their shares without the need to get a prior consent from the Authority . |
Prospectus: | Downloads |
: | Downloads |
Key Dates
Capital Market Authority Approval: | 9/26/2022 |
The minimum & maximum offering price: | 10/26/2022 |
Subscription End Date: | 10/30/2022 |
Allocation Date: | 11/3/2022 |
Distribution Date: | 11/7/2022 |
Listing Date: | 11/24/2022 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Saudi Basic Industries Corp. (SABIC) | 43.75 | 17.50 % | 2,786.88 |
Public Investment Fund | 43.75 | 17.50 % | 2,786.88 |
Royal Commission for Jubail and Yanbu | 43.75 | 17.50 % | 2,786.88 |
Saudi Aramco Energy Company | 43.75 | 17.50 % | 2,786.88 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co., Riyad Capital |
Financial Advisor: | HSBC Saudi Arabia Co., Riyad Capital |
Legal Advisor: | Clifford Chance Co., Abdulaziz Al Ajlan Office , Baker & McKenzie Limited |
Auditor: | KPMG Consulting Co. |
Receiving Bank: | Al Rajhi Bank, Banque Saudi Fransi, Riyad Bank, Saudi Awwal Bank, The Saudi National Bank |
IPO results
Proceeds: | SAR 6370.69 million |
Subscription Percentage: | 632% |
No. of Subscribers: | 1.59 million subscribers |
Allocation: | 10 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 4.91% on average . |
Chart - The Power and Water Utility Company for Jubail and Yanbu
Share Performance
Last Price: | 63.70 |
Change: | (5.22) % |
Market Cap (M): | 15,875.00 |
Turnover: | 102,591,401.00 |
Transactions: | 6,932.00 |
Share Stats
First Day Open: | 47.80 |
First Day High: | 48.25 |
First Day Low: | 46.60 |
First Day Close: | 47.30 |
1st Day Change: | 2.83 % |
1st Month Change: | 4.78 % |
1st year Change: | 25.65 % |
Since listing: | 38.04 % |
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