Future Care issues registration document for direct listing on Nomu

Company Profile

Company 

Future Care Trading Co

Market

Nomu-Parallel Market

Core Activities

Home healthcare and laboratory services

Status

Active

Capital

SAR 50 mln

Direct Listing Highlights 

Number of Shares

5 mln 

Nominal Value

SAR 10/share

Price guidance

SAR 90

Method of Setting 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 investor categories.

Company Shareholders

Shareholders

Before Direct Listing

Number of Shares (‘000)

Ownership

Fahad Hasher

1650

33.0%

Ghada Naghi

1650

33.0%

Ahmed Naghi

250

5.0%

Amjad Al-Zahrani

177

3.54%

Abdulaziz Fahad Hasher

177

3.54%

Alhanouf Hasher

177

3.54%

Abdulaziz Nassir Hasher

177

3.54%

Azza Al-Ghamdi

177

3.54%

Mansour Hasher

177

3.54%

The Public (59 shareholders)

388

7.76%

Total

5000

100%

Additional Info

Financial Advisor

Marifa Capital