Logo of Alamar Foods Co. 

The Securities Depository Center Co. (Edaa) deposited today, Aug. 7, Alamar Foods Co.’s subscribed securities into the accounts of eligible shareholders, according to a bourse filing.

 

The Capital Market Authority (CMA) approved, on June 7, the application filed by Alamar to float 10.63 million shares, representing 41.7% of its capital, in an initial public offering (IPO), Argaam reported.

 

Retail investors started, on July 20, subscription to 1.06 million shares, or 10% of total shares offered at SAR 115 each, set through the book-building process.  

 

The subscription was 6.9% covered and six shares minimum were allotted to each retail subscriber.  

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Alamar retail subscription starts to 1.06 mln shares today, marks Tadawul’s 9th IPO in 2022
Alamar IPO 47.5x covered, final offer price set at SAR 115/share
Alamar to list 10.6 mln shares on Tadawul

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request