Saudi Lime issues prospectus to list 2 mln shares on Nomu

16/02/2023 Argaam

Saudi Lime issues prospectus to list 2 mln shares on Nomu

Logo of Saudi Lime Industries Co.


Saudi Lime Industries Co. issued the prospectus to list two million shares on Nomu-Parallel Market.

 

The offer shares represent 9.09% of the company’s total SAR 220 million capital.
 

The Capital Market Authority (CMA) approved, in December 2022, the application received from the company to register its shares for direct listing on Nomu.
 

The offer period will run from March 19-23.
 

Headquartered in Riyadh, Saudi Lime was established as a Saudi closed joint-stock company in 1977.
 
The company's activities are represented in the manufacturing of chemical elements, sand bricks, floor blocks, roof tiles, as well as slaked and quicklime.

 

Company Profile

Company

Saudi Lime Industries Co.

Market

Nomu-Parallel Market

Core Activities

Manufacturing of chemical elements

Capital before IPO

SAR 200 mln

Number of Shares before IPO

20 mln

Capital after IPO

SAR 220 mln

Number of Shares after IPO

22 mln

 

IPO Summary

Issue Percentage

9.09% (after IPO)

Offered Shares

2 mln

Minimum Limit

10 shares

Maximum Limit

999,999 shares

Offer Period

March 19-23, 2023

Final Allocation

March 28, 2023

Refund (If any)

March 30, 2023

 

Company Shareholders

Shareholders

Pre-IPO

Post-IPO

Number of Shares

(mln shares)

Ownership

(%)

Number of Shares

(mln shares)

Ownership

(%)

National Industries Co.

2.21

11.06%

2.21

10.05%

Saudi Musheera Co. Ltd.

2.00

10.00%

2.00

9.09%

Aljomaih Holding Co.

1.62

8.11%

1.62

7.37%

Al-Rashid Trading & Contracting Co. Ltd.

1.25

6.23%

1.25

5.66%

Sheikh Mishaal Al Jaber Al Sabah

1.17

5.84%

1.17

5.31%

Abdulaziz Majid Abdulah Algasabi

0.04

0.20%

0.04

0.18%

Abdulaziz Tarek Albassam

0.01

0.07%

0.01

0.06%

Public (Current shareholders)

11.70

58.48%

11.70

53.17%

New Qualified Investors

--

--

2.00

9.09%

Total

20.00

100%

22.00

100%

 

Additional Information

Financial Advisor and Lead Manager

Al Khair Capital

 

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