Lockup period for TALCO’s major shareholders ends today

Logo of Al Taiseer Group Talco Industrial Co. (TALCO)

The lockup period imposed on major shareholders’ shares in Al Taiseer Group Talco Industrial Co. (TALCO) was lifted today, Dec. 12, six months after the stock began trading on the Saudi Exchange (Tadawul) on June 13, 2024.

 

Major shareholders, owning 65.09% of the company’s shares, were not allowed to dispose of its shares for a period of six months after listing.

 

Shareholders can now sell its shares without obtaining the approval of the Capital Market Authority (CMA).

 

 The following table lists the company’s major shareholders:

 

Major Shareholders

Shareholders

Post-Offering

No. of Shares (mln)

Ownership (%)

Mansour Kamel Ibrahim Al-Fattouh

5.38

13.45 %

Nasser Kamel Ibrahim Al-Fattouh Al-Blwi

4.71

11.78 %

Elham Mahmoud Obaid Ibrahim

3.15

7.87 %

Dalal Kamel Ibrahim AlFattouh Al-Blwi

2.34

5.84 %

Manal Kamel Ibrahim AlFattouh Al-Blwi

2.34

5.84 %

Nawaf Khalid Kamel AlFattouh Al-Blwi

2.06

5.15 %

Abdulaziz Khalid Kamel AlFattouh Al-Blwi

2.06

5.15 %

Amal Kamel Ibrahim AlFattouh Al-Blwi

2.00

5.01 %

Shatha Muwaffaq Kamel AlFattouh Al-Blwi

2.00

5.01 %
 

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