KASB Capital Company announces the Offering Price for WSM Information Technology Company in the Saudi Exchange’s Parallel Market (“Nomu”).
| Element List | Explanation |
|---|---|
| Announcement Detail | KASB Capital Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of WSM Information Technology Company (the “Company” or “WSM”) announces on behalf of WSM that the offering price is set at SAR (49) per share.
• The Offering is comprised of (390,000) ordinary shares representing (20.00%) of the issued share capital of the Company to be sold by the current shareholders (the “Offer Share”).
• The number of Offer Shares that will be allocated to Qualified Investors is (390,000) Shares, representing (100%) of the total number of Offer Shares.
• Each Qualified Investor who subscribes for the Offer Shares must apply for a minimum of (10) Offer Shares and a maximum of (97,490) Offer Shares.
• Offering period for Qualified Investors: starts on 25 January 2024G and ends on 01 February 2024G.
• For more information and for the Red Herring Prospectus [in Arabic], please visit the Capital Market Authority website:
https://cma.org.sa/Market/Prospectuses/Documents/WSM.pdf |
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