Tadawul announces setting the offering price range between 95 and 105 riyals per share

The minimum number of shares that can be subscribed to for the participating classes is 100 thousand shares

NCB Capital in its capacity as lead manager, financial advisor, institutional bookrunner, international coordinator and underwriter, JPMorgan Saudi Arabia and Citigroup Saudi Arabia as financial advisors, bookrunners, international coordinators and underwriters for the potential initial public offering of Saudi Arabia’s Tadawul Group, announced the determination of the price range Offering shares between SAR 95 and SAR 105 per share.

The offering process consists of offering 36 million ordinary shares of the company’s shares, which represents 30% of the company’s issued capital, by selling the existing shares by the current shareholder of the company.

The minimum number of shares that can be subscribed to for the participating classes is 100,000 shares, while the maximum is 5.99 million shares.

The price of the offering will be determined for public subscription after the completion of the process of building the order book, to be followed by the process of subscribing to the individual subscribers segment. The end of the individual subscription period.

In the event that individual subscribers subscribe to all of the offering shares allocated to them, the subscription registry manager has the right to reduce the number of shares allocated to the participating classes to twenty-five million two hundred thousand (25,200,000) offering shares – as a minimum – representing 70% of the total offering shares.

The process of building the order book for the institutions segment will start on November 21, 2021 and end on November 26, 2021.

Tadawul announces setting the offering price range between 95 and 105 riyals per share


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NCB Capital in its capacity as lead manager, financial advisor, institutional bookrunner, international coordinator and underwriter, JPMorgan Saudi Arabia and Citigroup Saudi Arabia as financial advisors, bookrunners, international coordinators and underwriters for the potential initial public offering of Saudi Arabia’s Tadawul Group, announced the determination of the price range Offering shares between SAR 95 and SAR 105 per share.

The offering process consists of offering 36 million ordinary shares of the company’s shares, which represents 30% of the company’s issued capital, by selling the existing shares by the current shareholder of the company.

The minimum number of shares that can be subscribed to for the participating classes is 100,000 shares, while the maximum is 5.99 million shares.

The price of the offering will be determined for public subscription after the completion of the process of building the order book, to be followed by the process of subscribing to the individual subscribers segment. The end of the individual subscription period.

In the event that individual subscribers subscribe to all of the offering shares allocated to them, the subscription registry manager has the right to reduce the number of shares allocated to the participating classes to twenty-five million two hundred thousand (25,200,000) offering shares – as a minimum – representing 70% of the total offering shares.

The process of building the order book for the institutions segment will start on November 21, 2021 and end on November 26, 2021.

November 21, 2021 – Rabi’ al-Akhir 16, 1443

08:39 AM


The minimum number of shares that can be subscribed to for the participating classes is 100 thousand shares

NCB Capital in its capacity as lead manager, financial advisor, institutional bookrunner, international coordinator and underwriter, JPMorgan Saudi Arabia and Citigroup Saudi Arabia as financial advisors, bookrunners, international coordinators and underwriters for the potential initial public offering of Saudi Arabia’s Tadawul Group, announced the determination of the price range Offering shares between SAR 95 and SAR 105 per share.

The offering process consists of offering 36 million ordinary shares of the company’s shares, which represents 30% of the company’s issued capital, by selling the existing shares by the current shareholder of the company.

The minimum number of shares that can be subscribed to for the participating classes is 100,000 shares, while the maximum is 5.99 million shares.

The price of the offering will be determined for public subscription after the completion of the process of building the order book, to be followed by the process of subscribing to the individual subscribers segment. The end of the individual subscription period.

In the event that individual subscribers subscribe to all of the offering shares allocated to them, the subscription registry manager has the right to reduce the number of shares allocated to the participating classes to twenty-five million two hundred thousand (25,200,000) offering shares – as a minimum – representing 70% of the total offering shares.

The process of building the order book for the institutions segment will start on November 21, 2021 and end on November 26, 2021.

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