Logo of Retal Urban Development Co.
Retail investors start today, June 5, subscription to 1.2 million shares of Retal Urban Development Co., at SAR 120 a share.
Subscription period for the IPO will continue until Monday, June 6.
The company is offering 12 million shares in an IPO, representing 30% of its SAR 400 million capital, of which 10% was allocated to retail investors and 90% to institutional investors, according to data compiled by Argaam.
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Key IPO Dates |
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From June 5 until the end of June 6 |
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End of retail investors IPO |
June 6, 2022 |
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Final allotment |
June 12, 2022 |
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Surplus refund (if any) |
June 15, 2022 |
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Expected date for the beginning of shares trading |
Upon fulfilling all requirements and related regulatory procedures |
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