Logo of MBC Group Co.
The lock-up period on MBC Group Co.’s major shareholders ended today, July 8, six months after its shares listed on the Saudi Exchange (Tadawul) on Jan. 8, 2024.
The lock-up was imposed on major shareholders owning 90% of the company’s capital.
These shareholders may now dispose of their shares without obtaining prior approval from the Capital Market Authority (CMA).
|
Major Shareholders |
||
|
Shareholders |
Post-IPO |
|
|
Number of Shares (mln) |
Ownership (%) |
|
|
Walid Ibrahim Abdulaziz Al Ibrahim |
119.70 |
36 % |
|
Sustainability Holding |
179.55 |
54 % |
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