December 26th “Industrial Mezzi” offers 2.5 million shares in the “Nomu” market

Falcom Financial Services, in quality of financial advisor e lead manager for the potential offering of Al-Wasail Industrial Company, announced the company’s intention to offer 2.5 million common shares, equal to 10% of its shares, and to list the company’s shares in the parallel market.

Al-Wasail Industrial Company has obtained the approval of the Capital Market Authority to list and offer the company’s shares in the parallel market.

Falcom stated in a statement on “Saudi Tadawul” today Thursday that the final offer price will be determined for all subscribers after the bookbuilding period ends.

He added that the offering period will start on Sunday, December 26, 2021 and end at the end of Thursday, December 30, 2021.

The issued capital of the company is 250 million riyals, divided in 25 million ordinary shares, with a par value of 10 riyals per share.

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