The Saudi Stock Exchange (Tadawul) lifted the lock-up period imposed on Maharah Human Resource Co.’s major shareholders by the end of yesterday’s trading session, Dec. 17, after six months of listing.

 

According to the Capital Market Authority’s (CMA) rules, major shareholders are prohibited from selling the stock for a period of no less than six months from the listing date.

 

Maharah’s Major Shareholders

Shareholders

Number of shares

(mln)

Stake

%

Al Ahlia Global Real Estate Investment

7.29

19.43%

Architectural Experience

5.99

15.97%

Al Faisaliah Holding Group

5.25

14.00%

Abdullah Al Amro

4.58

12.20%

Sulaiman Al Habib Commercial Investment Co.

2.63

7.00%

 

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