The IPO of 6.75m shares of Electric Industries IPO allocated to retail investors will begin on November 11thand will last for 7 days till November 17th, 2014 at SAR 54 per share.
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Electric Industries Company's initial public offering |
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Date |
IPO |
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Tuesday Nov 11,2014 corresponding to 18-01-1436H |
Start of IPO |
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Monday Nov 17, 2014 corresponding to 24-01-1436H |
End of IPO |
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Monday Nov 24, 2014 corresponding to 2-02-1436H |
Allocation date |
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Monday Nov 24, 2014 corresponding to 2-2-1436H |
Surplus payment |
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Prohibits investors whose names appear in the company’s prospectus to sell their shares for 12 months from the start of trading in the market. |
A ban on the sale of shareholders’ shares |
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