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×Brief
Company Status: | Listed |
Business Activity: | Broadcasting and television production. |
Current Capital: | 3,325.00 Million Riyal |
Current No. of Shares (M) (M): |
IPO Facts
Issue Type: | IPO |
Status: | Listed |
Exchange Market: | TASI |
Sector: | Media and Publishing |
Country: | Saudi Arabia |
Offered Shares (M): | |
Offered Percentage: | 11.11 % |
Offer Price (Riyal): | 25.00 |
Issue Volume (M Riyal): | 831.25 |
Premium: | 15.00 Riyal |
Available Shares (Individual): | |
Minimum Subscription (Individuals): | |
Maximum Subscription (Individuals): | 250.00 Thousand Shares |
Available Shares (Institutions): | 29.93 Million Shares |
Minimum Subscription (Institutions): | 50.00 Thousand Shares |
Maximum Subscription (Institutions): | 16.62 Million Shares |
Eligibility : | _ Participating Parties, _ Individual Investors . |
Use of Proceeds: | Repay outstanding debts, enhance the liquidity margin of investments in the Group’s Shahid platform content and invest in new initiatives . |
Restrictions on Dealing in Shares: | Major shareholders in the Company shall be subject to a look-up period of (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 |
: | - |
Key Dates
Capital Market Authority Approval: | 11/21/2023 |
The minimum & maximum offering price: | 12/14/2023 |
Subscription End Date: | 12/18/2023 |
Allocation Date: | 12/21/2023 |
Distribution Date: | 12/27/2023 |
Listing Date: | 1/8/2024 |
Major Shareholders
Name | No. of Shares | Holding | Value |
---|---|---|---|
Sustainability Holding Company | 179.55 | 54.00 % | 9,677.75 |
Walid Ibrahim Abdulaziz Al Ibrahim | 119.70 | 36.00 % | 6,451.83 |
Advisors
Lead Manager: | HSBC Saudi Arabia Co. |
Underwriter: | HSBC Saudi Arabia Co., SNB Capital Company, J.P. Morgan Saudi Arabia Co. |
Financial Advisor: | HSBC Saudi Arabia Co., SNB Capital Company, J.P. Morgan Saudi Arabia Co. |
Legal Advisor: | Clifford Chance Co., Salman M. Al-Sudairi Law Office - Latham & Watkins LLP |
Auditor: | Price Water House Coopers - Saudi Arabia |
Receiving Bank: | Riyad Bank, The Saudi National Bank, Arab National Bank, Banque Saudi Fransi |
IPO results
Proceeds: | SAR 1464.77 million |
Subscription Percentage: | 1760% |
No. of Subscribers: | 359.46 thousand subscribers |
Allocation: | 9 shares per individual subscriber & The remaining shares will be allocated on a pro rata basis at around 0.1623% on average . |
Chart - MBC Group Co.
Share Performance
Last Price: | 53.90 |
Change: | 4.69 % |
Market Cap (M): | 17,822.00 |
Turnover: | 78,531,116.00 |
Transactions: | 4,455.00 |
Share Stats
First Day Open: | 27.50 |
First Day High: | 32.50 |
First Day Low: | 27.50 |
First Day Close: | 32.50 |
1st Day Change: | 30.00 % |
1st Month Change: | 156.40 % |
1st year Change: | - |
Since listing: | 114.40 % |
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