Logo of Umm Al Qura for Development and Construction Co.
Retail investors will start today, March 5, subscription to Umm Al Qura for Development and Construction Co.’s 13.08 million shares at SAR 15 apiece.
The retail offering will end on March 9.
The company offered 130.79 million shares, or 9.09% of its post-IPO capital, 10% of which were allocated to retail investors and 90% to institutions.
Key Dates of Subscription |
|
Retail Offering |
March 5-9, 2025 |
Final Date for Subscription |
March 9, 2025 |
Final Allocation |
March 13, 2025 |
Surplus Refunds |
March 16, 2025 |
Expected Date for Share Listing |
After meeting all requirements and completing all related regulatory approvals. |
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