Logo of Sama Water Co.
Sama Water Co. published the prospectus for offering 10 million shares, or 20% of its share capital, on the Nomu Parallel Market.
The share sale will run for five working days from Oct. 2-8, 2024.
The share sale will be limited to qualified investors stipulated in the glossary of defined terms used in the regulations and rules of the Capital Market Authority.
The Capital Market Authority (CMA) approved, on June 5, the company's application to float its shares on Nomu.
Sama Water Co. was established in Riyadh in 2008 as a branch of a sole proprietorship and then transformed into a limited liability company. The company's current actual activity is the production and manufacture of drinking water and ice cubes.
The company's activities, as stated in its commercial register, are the production and bottling of mineral water on site. The company's activities, as stated in its articles of association, are to practice and implement the following purposes: Manufacturing industries, wholesale and retail trade; repair of motor vehicles and motorcycles, transport and storage.
Company Profile |
|
Company |
Sama Water Co. |
Market |
Nomu Parallel Market |
Core Activities |
Production and packaging of mineral water |
Capital |
SAR 50 mln |
Number of shares |
50 mln |
Share Par Value |
SAR 1 per share |
IPO Summary |
|
Issue Percentage |
20% of capital |
Offered shares |
10 mln shares |
IPO Minimum Limit |
100 shares |
IPO Maximum Limit |
2,499,900 shares |
Offer period |
For five days from Oct. 2-8, 2024. |
Final Allocation |
Oct. 13, 2024 |
Refund (if any) |
Oct. 15, 2024 |
Company Shareholders |
||||
Shareholders |
Before IPO |
Post-IPO |
||
Number of Shares (mln shares) |
Ownership (%) |
Number of Shares (mln shares) |
Ownership (%) |
|
Abdullah Siddiq Ali Tubaiqi |
40 |
80% |
32 |
64% |
Ziad Abdullah Siddiq Tubaiqi |
10 |
20% |
8 |
16% |
The public (QFIs) |
-- |
-- |
10 |
20% |
Total |
50 |
100% |
50 |
100% |
Additional Information |
|
Financial Advisor and Lead Manager |
Yaqeen Capital |
Receiving Banks |
Al Rajhi Capital - Albilad Capital - Riyad Capital - SNB Capital - Alistithmar Capital - Alinma Investment - AlJazira Capital - ANB Capital - SAB Invest- Derayah Financial - Saudi Fransi Capital - Alkhabeer Capital |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}