Today… the start of institutional subscription for the “House of Medical...

Today… the start of institutional subscription for the “House of Medical...
Today… the start of institutional subscription for the “House of Medical...

Today, Monday, the period of subscription for institutions and the process of building a book of orders began for the Medical and Scientific Equipment House to offer 6 million shares of its shares in the Saudi market, representing 30% of its capital of 200 million riyals, for a period of eleven days.

The subscription period for individuals will start on January 31, for a period of four days.

Alistithmar Capital, in its capacity as the financial advisor, bookrunner, lead manager, and underwriter, had announced that The price range of the offering shares Determined between 45 riyals and 52 riyals per share.

The minimum number of shares that can be subscribed to for the participating classes is 100,000 shares, while the maximum is 999,999 thousand shares.

Participation in order book building is limited to categories qualified to participate in the order book building process in accordance with the instructions for book building and allocating shares in initial subscriptions issued by the Board of the Capital Market Authority.

The price of the offering will be determined for public subscription after the completion of the process of building the order book, to be followed by the process of subscribing to the individual subscribers segment. The end of the individual subscription period.

In the event that individual subscribers subscribe to all of the offering shares allocated to them, the subscription registry manager has the right to reduce the number of shares allocated to the participating classes to a minimum of 5.4 million shares, representing 90% of the total offering shares.

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