- Type of Offering
- IPO
- Status
- Listed
- Exchange
- Saudi SE
- Sector
- Health Care
- Country of Incorporation
- Saudi Arabia
- Shares Offered
- 22,235,294
- Offer Size
- SAR 933.88M
- Percentage Offered
- 30%
- Issue Price
- SAR 42.00
- Total Equity Value
- SAR 3,112.94M
- Minimum Subscription
- Retail Investors: 10 Shares
Institutional Investors: 100,000 Shares
- Maximum Subscription
- Retail Investors: 500,000 Shares
- Eligibility RequirementsSaudi nationals only
- Additional InformationShare price: SAR 42; SAR 10 Par Value + SAR 32 Premium
The offering consists of 11,117,647 new Shares and 11,117,647 existing Shares and is divided into two tranches:
-Tranche A: Institutional Investors: 15,564,706 Shares or 70% of the offering.
-Tranche B: Retail Investors: 6,670,588 Shares or 30% of the offering.
The Lead Manager has reduced the number of shares allocated to Institutional Investors to 30% of the Offering as a result of the number of subscribers for the retail tranche exceeding 667,059 subscribers. The equity offered to Retail Investors has been increased to 70% of the Offering.
A minimum of 10 Shares will be distributed to subscribers. The remaining shares will be allocated on a pro-rata basis.
In case the number of subscribers exceeds 667,058 subscribers, shares will be allocated equally among them.
0.40 ( 1.03%)
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