The National Capital Company underwriting director of Amlak International for Real Estate Finance announced the completion of the process of allocating the shares of individual subscribers.
According to Arabia Net, the company said, in a statement, that all receiving banks completed the reconciliation and auditing operations after closing the subscription for the individuals segment on the evening of Sunday, July 5, by According to the closing statements of the subscription process, during which the coverage amounted to 26.90 times the total shares offered and allocated to the retail subscriber segment of 2.718 million shares, representing 10% of the total total shares offered for subscription, according to which a minimum of 10 shares will be allocated for each subscriber and for each individual covered in Subscription request.
She added that the remaining shares will be allocated on a pro rata basis based on the size of each subscriber’s request to the total remaining shares to be subscribed to, with a percentage of allocation (0.07%), Note that fractional shares have been compiled and allocated on a proportional basis.
Al-Ahli Capital, the financial advisor, the manager of the process of building the order book, and the main contractor for coverage in the public offering of Amlak International for Real Estate Finance confirmed the commitment of the recipient entities to end the procedures for returning the surplus with an appointment No later than Sunday.
Amlak International has decided to offer 27.18 million ordinary shares for public subscription, equivalent to 30% of the company’s capital of 906 million riyals, and part of it has been allocated to individual subscribers. .
Al Ahly Capital, the financial advisor and manager of Amlak Global’s IPO, announced last Tuesday the coverage of shares offered to individuals 2690%, equivalent to 26.9 times.
(Amazon fun of knowledge)
