Samba, the financial advisor, the director of the process of building the order book, and the main contractor covering the public offering of Mahara, announced the start of the process of building the order record in preparation for the offering of 11.25 million ordinary shares of Skill for an IPO of 375 million riyals.
Samba Capital clarified that the final price for the stock offering will be determined after the process of building the order record.
She stated that the offer to investors that begins today, Sunday, until the end of next Monday, will be attended by representatives of the underwritten institutions, which include investment funds, and persons authorized to deal in securities in an authentic manner. , Companies in the banking and insurance sectors, and portfolio managers of companies listed on the financial market, in addition to Saudi companies not listed according to the conditions specified in the prospectus.
It also indicated that 10.125 million shares representing 90% of the total shares offered for subscription will be allocated to institutions and underwriting funds, while 1.125 million shares will be allocated, with a maximum of For individual subscribers, which represents 10% of the total offering shares.
Participating entities will subscribe to the entire offering shares allocated to them, and in the event that individual subscribers do not subscribe to the full number of shares allocated to them, the subscription manager has the right to reduce the number of shares allocated to them to suit The number of shares subscribed by them.
To more:
