19659001 Neft Alsharq concerns prospectus to drift 5M shares on Nomu Logo design of Neft Alsharq Chemical Industries Co. 19659003 Neft Alsharq Chemical Industries Co. released the prospectus for providing 5 million shares on the Nomu-Parallel Market, according to a declaration to 19459007 Tadawul 19459008 In March, the Capital Market Authority (CMA) authorized the business’s application to drift its shares on Nomu. 19659005 For More IPOs 19659006 The used shares represent 20% of its post-increase capital of SAR 25 million (divided into 25 million shares) at SAR 1 per share. The share sale will run for 8 working days from May 26 to June 2, 2024. The share sale will be restricted to certified financiers specified in the glossary of specified terms utilized in the guidelines and guidelines of the Capital Market Authority. 19659009 The business’s real activity is the production, sale and export of fuel and diesel motor oils, hydraulic oils, transmission oils of all types, base oils, commercial greases, engine cooling fluids, and other items. Business Profile 19659011 Business 19659012 Neft Alsharq Chemical Industries Co. Market 19659014 Nomu Parallel Market 19659015 Core Activities Production of engines oils, greases and cooling fluids Capital Pre-IPO 19659018 SAR 20 mln 19659019 Capital After IPO 19659020 SAR 25 mln Share Par Value 19659022 SAR 1/share IPO Summary 19659024 Concern Percentage 19659025 20% of post-increase capital (25% pre-increase capital) Provided shares 5 mln shares IPO Minimum Limit 100 shares 19659030 IPO Maximum Limit 1.25 mln shares 19659032 Deal duration 19659033 From May 26 to June 2, 2024 Last Allocation June 6, 2024 19659036 Refund (if any) 19659037 June 10, 2024 Business Shareholders 19659039 Investors Before IPO Post-IPO 19659042 Variety of Shares 19659043 (mln shares) 19659044 Ownership (%) Variety of Shares (mln shares) 19659047 Ownership (%) 19659048 Sabeel Al-Reyadah Co. Limited 2.84 19659050 14.19% 2.84 19659052 11.35% 19659053 Possession Management Co. Limited 19659054 2.23 11.14% 19659056 2.23 19659057 8.91% 19659058 Ibrahim Ali Ibrahim Al-Mohsen * 2.00 19659060 10.00% 2.00 19659062 8.00% 19659063 Abdulaziz Abdullah Mohammed Al-Rashid 1.98 19659065 9.91% 19659066 1.98 19659067 7.92% 19659068 Asaad Rumaih Othman Al-Rumaih 19659069 1.50 7.50% 19659071 1.50 19659072 6.00% 19659073 Other investors owning less than 5% (43 investors)** 19659074 9.45 47.27% 19659076 9.45 37.81% The general public (QFIs) — 19659080– 19659081 5.00 20.00% Overall 20.00 100% 5.0 100% 19659088 * Ibrahim Ali Ibrahim Al-Mohsen has indirect ownership of (7.10%) before the IPO, and it will end up being (5.68%) after the IPO, which arised from his ownership by 50% in Sabeel Al-Reyadah Co. Limited, which owns 14.19% of the business’s pre-IPO shares. This portion will end up being 11.35% after the IPO. 19659089 ** There is indirect ownership by other investors who own less than 5%. 19659090 Extra Information Financial Advisor and Lead Manager Yaqeen Capital Getting Banks 19659094 Al Rajhi Capital – Riyad Capital – ANB Capital – Derayah Financial – Saudi Fransi Capital – Albilad Capital – Aljazira Capital – SNB Capital – Alinma Investment – Al-Istithmar Capital Find out more 19459006
Neft Alsharq issues prospectus to float 5M shares on Nomu
