Cherry’s major shareholder, Saudi Holding, can now sell its shares without prior approval from the CMA.
The six-month lock-up period for major shareholders of Cherry Trading Co. ended today, May 31, following the company’s listing on the Main Market (TASI) on Dec. 1, 2025. 
The company’s major shareholder, Saudi Holding Co., can now sell its shares without prior approval from the Capital Market Authority.
The lock-up also applied to financing agreements with several banks tied to the company’s capital structure, restricting the issuance of new shares or significant changes to ownership or the company’s legal structure without lender approval, in line with the terms of the financing agreements.
Major Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Saudi Holding
29.55
98.50%
20.68
68.95%
Cherry’s major shareholder, Saudi Holding, can now sell its shares without prior approval from the CMA.
The six-month lock-up period for major shareholders of Cherry Trading Co. ended today, May 31, following the company’s listing on the Main Market (TASI) on Dec. 1, 2025.
The company’s major shareholder, Saudi Holding Co., can now sell its shares without prior approval from the Capital Market Authority.
The lock-up also applied to financing agreements with several banks tied to the company’s capital structure, restricting the issuance of new shares or significant changes to ownership or the company’s legal structure without lender approval, in line with the terms of the financing agreements.
Major Shareholders
Shareholders
Before IPO
After IPO
Number of Shares
(mln)
Ownership (%)
Number of Shares
(mln)
Ownership (%)
Saudi Holding
29.55
98.50%
20.68
68.95%
