Lock-up period for sale of AlJammaz shares in Alamar ends today

Logo of Alamar Foods Co.

The lock-up period imposed on Abdulaziz Ibrahim AlJammaz & Brothers Co. for the sale of its shares in Alamar Foods Co. ends today, Feb. 8 – six months after Alamar Foods listed on the Saudi Exchange (Tadawul) on Aug. 9, 2022.

AlJammaz owns 57.15%, or 14.6 million shares, of Alamar's capital.

These shareholders may now dispose of their shares without the need to obtain prior approval from the Capital Market Authority (CMA).