Logo ofUnited Carton Industries Co. (UCIC)
The lock-up period on United Carton Industries Co.’s (UCIC) major shareholders expired on Nov. 26, six months after its shares listed on the Saudi Exchange (Tadawul) on May 27, 2025. 
The lock-up was imposed on the major shareholder owning 70% of the company’s capital. It continued for six months, starting from the date of stock debut on Tadawul.
Upon the end of the lock-up period, major shareholders are not required to obtain prior approval from the Capital Market Authority (CMA) to sell their shares.
Major Shareholders
Shareholders
After IPO
Number of Shares
(mln shares)
Ownership (%)
Zamil Group Holding Co.
8.40
21.0%
Omar Qasim Al-Essaei and Partners Co.
8.40
21.0%
Fremex Investment Limited
8.40
21.0%
Logo ofUnited Carton Industries Co. (UCIC)
The lock-up period on United Carton Industries Co.’s (UCIC) major shareholders expired on Nov. 26, six months after its shares listed on the Saudi Exchange (Tadawul) on May 27, 2025.
The lock-up was imposed on the major shareholder owning 70% of the company’s capital. It continued for six months, starting from the date of stock debut on Tadawul.
Upon the end of the lock-up period, major shareholders are not required to obtain prior approval from the Capital Market Authority (CMA) to sell their shares.
Major Shareholders
Shareholders
After IPO
Number of Shares
(mln shares)
Ownership (%)
Zamil Group Holding Co.
8.40
21.0%
Omar Qasim Al-Essaei and Partners Co.
8.40
21.0%
Fremex Investment Limited
8.40
21.0%
