103 - 115 riyals The price range for "Al-Amar" subscription
This post has been translated over google translator from original post in arabic
HSBC Saudi Arabia, on behalf of Alamar Food Company, has been designated as the financial advisor, bookrunner, lead manager and underwriter for the public offering
The initial price range of the offering and start-up period of the order book building process for the institutional segment.
The order book building period for the Enterprise segment begins on June 20, 2022 and ends on June 27, 2022.
The offering process consists of offering about 10.634 million ordinary shares of Amar shares, which represents 41.699% of the issued capital of the company, by selling the existing shares by some of the existing shareholders of the company.
The minimum number of shares that can be subscribed to for the participating classes is 100,000 shares, while the maximum is about 1.275 million shares.
The price of the offering will be determined for public subscription after the completion of the order book building process, to be followed by the individual segment's subscription process. The number of offering shares that will be initially allocated to the participating categories is about 10,634 million offering shares, representing a percentage of 100%. of the total offering shares, provided that the final allotment is after the end of the individual subscription period.
In the event that individual subscribers subscribe to the entire offer shares allocated to them, the subscription registry manager has the right to reduce the number of shares allocated to the participating classes to about 9.57 million offer shares, as a minimum, which represents 90% of the total shares Subtraction.
It is reported that Amar Foods owns the franchise of the Domino's Pizza brand in the Middle East, North Africa and Pakistan, in addition to owning the franchise of the Dunkin' brand in North Africa.