Merchants Capital, in its capacity as the financial advisor for the offering of Hamad Mohammed Bin Saedan Real Estate Company (the “Company”), announces the Company’s intention to offer four million two hundred thirty-five thousand two hundred ninety-four (4,235,294) new ordinary shares to qualified investors on the Parallel Market (“Nomu”). These shares represent 15.00% of the Company’s shares after the offering and capital increase, and 17.64% of the Company’s shares before the offering and capital increase.
Offering Details
| Issuer | Hamad Mohammed Bin Saedan Real Estate Company |
|---|---|
| Market | Parallel Market (Nomu) |
| Offering type | Primary offering to qualified investors |
| Shares offered | 4,235,294 new ordinary shares |
| Percentage of capital | 17.64% pre-offering; 15.00% post-offering |
| CMA approval | 20/09/1446H (corresponding to 20/03/2025G) |
| Offering period | Friday 06/03/1447H (29/08/2025G) to 12/03/1447H (04/09/2025G) |
| Subscription limits | Minimum 10 shares; maximum 1,400,000 shares per subscriber |
| Final allocation | Monday 16/03/1447H (corresponding to 08/09/2025G) |
| Financial Advisor | Merchants Capital |
The final offering price will be determined prior to the commencement of the subscription period.
Transaction Milestones
- 20 Mar 2025 CMA Approval of Registration and Offering View on CMA website
- 12 Aug 2025 Intention to Float
Source: announcement on Tadawul
About Merchants Capital
Merchants Capital, the trademark of Darb Altujjar Financial Company, a Saudi capital market institution authorized by the Capital Market Authority (CMA) under license no. 18197-30, provides strategic investment banking services across debt and equity capital markets, project finance, and mergers & acquisitions, enabling corporates and government-related entities to secure capital and achieve their strategic objectives.
All news, announcements or insights are for information purposes only and do not constitute an offer, invitation or recommendation to buy, sell or subscribe for any securities. Public-related disclosures are published on Tadawul.