Logo of ADES International Holding Co
Retail investors will start today, Sept. 26, subscription to ADES International Holding Co.’s 33.87 million shares at SAR 13.5 apiece.
The retail offering will end on Sept. 28.
The company offered 338.72 million shares, or 30% of its capital, 10% of which were allocated to the retail investors and 90% were allocated to institutions.
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Key Dates of Subscription |
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Retail Offering |
Sept. 26-28, 2023 |
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Final Date for Subscription |
Sept. 28, 2023 |
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Final Allocation |
Oct. 4, 2023 |
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Surplus Refunds |
Oct. 10, 2023 |
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Expected Date for Share Listing |
After completing all related regulatory approvals. |
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