Lavenco is floating 300k shares on Nomu
The subscription window runs from 12 to 18 November
Available in your choice of English or Arabic
The subscription window runs from 12 to 18 November
The issuance is equivalent to 20% post-IPO capital
The offering’s bookbuilding period runs between 26-30 October
The GCC is increasingly being viewed less as an emerging market and more as a stable, developed market
The IPO price implies a market cap of SAR 275.6 mn at listing.
CMA also gave the nod to other debt and equity issuances by Bidaya Finance, EFSIM, and Khaled Dhafer
The company is taking 12.5% pre-IPO capital — good for up to 4.4 mn shares — to Nomu
The IPO pulled in SAR 1.6 bn in orders
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