Saudi Fransi Capital Capital and the Director of Deeb Car Rental Company declare coverage of individuals.
According to Arab Net, the coverage of individuals has 3385.37% and the number of individual subscribers was 414.588 subscribers who pumped 1.7 billion riyals to subscribe 1.29 million shares at a price of 40 riyals per share.
The subscription of individuals in the company shares ended last Sunday.
1.29 million ordinary shares of individuals were allocated to 10%, from total shareholders, while 11.61 million ordinary shares were allocated to the institutions with an institutional character, which accounted for 90% of total stocks.
Saudi Fransi Capital noted that the deposits will exit surplus reply measures on Monday, March 29.
The company said the company's shares in the Saudi financial market will be after all relevant requirements and procedures will be met and the date of insertion will be announced at the Saudi financial market site trading.
