Darb Altujjar Financial Company (“Merchants Capital”), in its capacity as the Financial Advisor for the offering of ANMAT Technology for Trading Company (“ANMAT” or the “Company”), announces the completion of the offering of five million (5,000,000) new ordinary shares (the “Offered Shares”) representing 13.16% of the Company’s pre-offering capital and 11.63% of the Company’s post-offering capital, at an offer price of SAR 9.50 per share.
Offering Results
| Issuer | ANMAT Tech for Trading Co. |
|---|---|
| Shares offered | 5,000,000 new ordinary shares |
| Offer price | SAR 9.50 per share |
| Offering period | Thursday 22/05/2025G to Tuesday 27/05/2025G |
| Coverage | 285.51% of the total Offered Shares |
| Allocation and refund | Completed |
The offering was covered at 285.51% of the total Offered Shares during the offering period.
Merchants Capital further announces the completion of the allocation and refund process, and will complete the necessary procedures with Saudi Tadawul Group to determine the listing date for ANMAT shares on the Parallel Market (Nomu).
Transaction Milestones
- 16 Dec 2024 CMA Approval of Registration and Offering View on CMA website
- 5 May 2025 Intention to Float View on Tadawul
- 19 May 2025 Offer Price View on Tadawul
- 22 to 27 May 2025 Offering Period
- 1 June 2025 Offering Results, Allocation and Refund t
Source: announcement on Tadawul
