‎Jamjoom Fashion sets offering price range at SAR 140-145/share

‎Jamjoom Fashion sets offering price range at SAR 140-145/share ‎Jamjoom Fashion sets offering price range at SAR 140-145/share

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Logo ofJamjoom Fashion Trading Co.

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EFG-Hermes KSA, the financial advisor and lead manager for Jamjoom Fashion Trading Co.’s potential offering on the Nomu-Parallel Market, announced setting the price range between SAR 140 and SAR 145 per share.

For More IPOs

In a statement to Tadawul, the company noted that the book-building process to qualified investors will run from Sept. 1-4.

According to data available on Argaam, Jamjoom Fashion plans to float 2.38 million shares. The offered shares represent 30% of the company’s pre-IPO capital of SAR 79.48 million, divided into 7.94 million shares at a par value of SAR 10 each.

 

Logo ofJamjoom Fashion Trading Co.

EFG-Hermes KSA, the financial advisor and lead manager for Jamjoom Fashion Trading Co.’s potential offering on the Nomu-Parallel Market, announced setting the price range between SAR 140 and SAR 145 per share.

For More IPOs

In a statement to Tadawul, the company noted that the book-building process to qualified investors will run from Sept. 1-4.

According to data available on Argaam, Jamjoom Fashion plans to float 2.38 million shares. The offered shares represent 30% of the company’s pre-IPO capital of SAR 79.48 million, divided into 7.94 million shares at a par value of SAR 10 each.

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