SAMA Water issues prospectus for IPO on Nomu

10/09/2024 ِArgaam
Logo ofSAMA Healthy Water Factory Co.

Logo of SAMA Healthy Water Factory Co.


SAMA Healthy Water Factory Co. published the prospectus for offering 10 million shares, or 20% of its share capital, on the Nomu-Parallel Market.

 

The share sale will run for five working days from Oct. 2-8.

 

For More IPOs

 

The share sale will be limited to qualified investors stipulated in the glossary of defined terms used in the regulations and rules of the Capital Market Authority (CMA).

 

The CMA approved, on June 5, the company's application to float its shares on Nomu.

 

SAMA Water was established in Riyadh in 2008 as a branch of a sole proprietorship and then transformed into a limited liability company. The company's current actual activity is the production and manufacture of drinking water and ice cubes.

 

The company's activities, as stated in its commercial register, are the production and bottling of mineral water on site. The company's activities, as stated in its articles of association, are to practice and implement the following purposes: Manufacturing industries, wholesale and retail trade; repair of motor vehicles and motorcycles, transport and storage.y

 

Company Profile 

Company 

SAMA Healthy Water Factory Co.

Market 

Nomu-Parallel Market 

Core Activities 

Production and packaging of mineral water

Capital 

SAR 50 mln

Number of Shares 

50 mln

Par Value 

SAR 1 per share

 

IPO Summary

Issue Percentage

20% of capital

Offered Shares

10 mln 

IPO Minimum Limit

100 shares

IPO Maximum Limit

2,499,900 shares

Offer Period

Oct. 2-8, 2024

Final Allocation

Oct. 13, 2024

Surplus Refund (If any)

Oct. 15, 2024

 

Company Shareholders

Shareholders

Pre-IPO

Post-IPO

Number of Shares

(mln)

Ownership (%)

Number of Shares

(mln)

Ownership (%)

Abdullah Siddiq Ali Tubaiqi

40

80%

32

64%

Ziad Abdullah Siddiq Tubaiqi

10

20%

8

16%

Public (Qualified Investors)

--

--

10

20%

Total

50

100%

50

100%

 

Additional Information

Financial Advisor & Lead Manager

Yaqeen Capital

Receiving Entities

Al Rajhi Capital - Albilad Capital - Riyad Capital - SNB Capital - Alistithmar Capital - Alinma Investment - AlJazira Capital - ANB Capital - SAB Invest- Derayah Financial - Saudi Fransi Capital - Alkhabeer Capital

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