Subscription for Leejam Sports Co.’s initial public offering (IPO) will start on Wednesday August 01, 2018 for seven days ending on Tuesday August 07, 2018.

 

Saudi Arabia’s Capital Market Authority (CMA) has already approved on June 06, 2018 the flotation of a 30 percent shareholding (15.72 million shares) of Leejam. Part of the shares will be allocated to institutional investors.

 

The below table shows schedule details of the IPO:

 

IPO Schedule

Offering Period

Seven days starting from Wednesday, August 1, 2018, until the end of Tuesday, August 7, 2018

Bidding and book building period

Nine days starting from Monday, July 16, 2018, until the end of Tuesday, July 24, 2018

Deadline for submission of Subscription Application Forms (Institutions)

Sunday, July 29, 2018

Deadline for payment of the subscription monies (Institutions)

Sunday, August 5, 2018

Deadline for submission of Subscription Application Forms (Individual Investors)

Tuesday, August 7, 2018

Final Offer Shares allotment

Tuesday, August 14, 2018

Refund of excess subscription monies (if any)

Tuesday, August 14, 2018

Expected trading commencement date

After completing of all the relevant legal requirements and procedures

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