Aqaseem issues registration document for direct listing on Nomu, sets price guidance at SAR 48/share

Company Shareholders

Shareholders

Before the direct listing

Number of shares (‘000)

Ownership (%)

Mohammed Mishnan Suleiman Al-Dosari

328.38

13.14%

Faisal Hatem Awad Al-Zahrani

324.89

13.00%

Diyar Al Baida Trading Co.

135.00

5.40%

Sixth Network Trading Co.

135.00

5.40%

Waad Al-Ghad Trading Co.

135.00

5.40%

Sareyat Ashamal Trading Co.

135.00

5.40%

Khetam Al-Roya Trading Co.

100.00

4.00%

Four Madarat Trading Co.

100.00

4.00%

Ashry Saad Mazaal Al-Ashry

30.24

1.21%

Sarah Saad Othman Al Hudaib

0.05

0.002%

Horizon Analytical Co. for Commercial Services

122.11

4.88%

Three Diamonds Elevators Co.

122.11

4.88%

Shareholders owning less than 5% stake (52 shareholders)

832.22

33.29%

Total

2500.00

100.00%

Company Profile

Company

Aqaseem Factory for Chemicals and Plastics Co.

Market

Nomu Parallel Market

Core Activities

Production of lubricants for equipment and engines

Status

Active

Capital

SAR 25 mln

Direct Listing Profile

Number of shares

2.5 mln shares

Share par value

SAR 10

Share price guidance upon listing

SAR 48

Method of setting share opening price

The opening price of the stock shall be set based on the supply and demand for the stock, through the pre-opening auction mechanism. During that period, investors can place buy/sell orders, after which the trading system defines the fair price at which orders are executed after being matched during the auction period. The execution price will be the opening price, with a 30% daily fluctuation ratio.

The price guidance is considered a reference only for the fair market value, which is the debut price for the first day only.

Qualified investors

- Current shareholders (except for owners of 5% or more, to whom the lock-up period shall apply).

- Qualified investors categories

Additional Information

Financial Advisor

Yaqeen Capital

External Auditor

Al Kharashi & Co.