The subscription period is three (3) days starting on Tuesday 11/03/1445H corresponding to 26/09/2023G at 12:00 AM until 2:00 PM KSA time of Thursday 13/03/1445H corresponding to 28/09/2023G.
ADES Holding Company
A Saudi mixed closed joint-stock company registered under Commercial Registration No. 2051245446 dated 04/06/1444H corresponding to 28/12/2022G, whose establishment was licensed under Ministerial Resolution No. 1415 dated 25/05/1444H corresponding to 19/12/2022G.
Fund capital
The Company’s capital is eight hundred and fifty-eight million, eighty-seven thousand, five hundred and ten Saudi Arabian Riyals SAR 858,087,510, divided into eight hundred and fifty-eight million, eighty-seven thousand, five hundred and ten 858,087,510 shares of equal value, with a nominal value of SAR 1 per share.
Number of shares offered for public subscription:
A maximum of thirty-three million, eight hundred and seventy-one thousand, eight hundred and seventy-five 33,871,875 Offer Shares representing ten percent 10% of the Offer Shares shall be allocated to Individual Subscribers. The offering price will be (13.50) SAR per share.
Subscription channels:
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Riyad Mobile
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Riyad Online
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Riyad Line
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ATMs
For more information:
