Al Majed Oud subscription period and important dates

Al Majed Oud subscription period and important dates

Al Majed Oud Company logo


The Saudi market is witnessing today, Sunday, September 15, 2024, the subscription of individuals to 1.5 million shares of the company’s shares. Al Majed Oud At a price of 94 riyals per share.

To view more from ANews and details of subscriptions

The subscription period for the individual segment will be one day.

The company offered 7.5 million shares for subscription, representing 30% of the company’s capital after the offering, 20% of which was allocated to individual subscribers and 80% to institutions.










Important Subscription Dates

Expected timeline for the offering

the date

Individual Subscription Period

1 day – September 15, 2024

Last date for submitting subscription applications and paying the subscription value for individuals

September 15, 2024

Announcement of the final allocation of the offering shares

September 19, 2024

Refund of surplus to all subscribers (if any)

September 24, 2024

Expected date of commencement of trading of shares

After fulfilling all requirements
And completion of all relevant regulatory procedures

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