Tomose

The subscription of individuals begins in the shares of Umm Al -Qura Development and Reconstruction Company in the main market tomorrow, Wednesday, March 5, 2025 AD, and ends on Sunday, March 9, 2025 AD. This is through investment portfolios.
According to the company’s release bulletin, the volume of individuals ’offering is 113.078.614 shares, while the offering price is 15 riyals.

Umm Al -Qura’s subscription

The subscription of the shares of Umm Al -Qura Development and Reconstruction Company is managed by Al -Bilad Financial Company.
She stated that the receiving bodies are: the financial country, GIB Capital, Financial Development, Al -Ahly Financial, First Investment, Al -Jazeera Capital, Riyadh Financial, Saudi Fransi Capital, Al -Arabi Financial, Investment Capital, Financial Expert, Finance Farish, Financial City, Capital.
The company offers 9.09% of the capital to pay the public after increasing the capital, representing 10% of the capital before increasing the capital.
The company’s capital before the offering is 13.078 billion riyals, divided into 1.307 billion ordinary shares of equal value with a nominal value of 10 riyals, and the company’s capital after the offering will reach 14.386 billion riyals divided into 1.438 billion billion normal shares of equal value with a nominal value of 10 riyals per share.
The subscription is limited to the shares of the offering on two of the Cutting SIM cards, which include the categories that are entitled to participate in building the orders record and allocating shares in the initial subscriptions issued by the Capital Market Authority Council.
This includes investment funds, companies, qualified foreign institutions, investors from Gulf companies, and other foreign investors.
The number of offering shares, which will initially allocate the participating groups, is 130.786 million shares of the offering shares, representing 100% of the total offering shares.
The final allocation is after the end of the individuals.
In the event that the individual subscribers (the slide B) subscribe to the full number of shares of the offering allocated to them, the subscription manager has the right to reduce the number of shares allocated to the participating groups to 117.7 million shares of the offering shares as a minimum representing 90% of the total offering shares.
She noted the determination, number and percentage of the offering shares that will be allocated to the participating groups by financial advisors in consultation with the company using the optional allocation mechanism.
It is possible not to allocate any shares to some of the participating groups, as the company and financial advisors see.