Lock-up was imposed on major shareholders, who own 62.8% of flynas capital
The lock-up period on Flynas Co.’s (flynas) major shareholders expired today, Dec. 17, six months after its shares listed on the Main Market (TASI) on June 18, 2025. 
The lock-up was imposed on the major shareholders, who own 62.8% of the company’s capital.
Major shareholders are no longer required to obtain prior approval from the Capital Market Authority (CMA) to sell their shares.
Major Shareholders
Shareholders
After IPO
Number of Shares
(mln)
Ownership (%)
National Aviation Services Co.
49.34
28.88%
Kingdom Holding Co.
46.88
27.44%
Nasser Ibrahim Rashid Al-Rashid
11.16
6.53%
Lock-up was imposed on major shareholders, who own 62.8% of flynas capital
The lock-up period on Flynas Co.’s (flynas) major shareholders expired today, Dec. 17, six months after its shares listed on the Main Market (TASI) on June 18, 2025.
The lock-up was imposed on the major shareholders, who own 62.8% of the company’s capital.
Major shareholders are no longer required to obtain prior approval from the Capital Market Authority (CMA) to sell their shares.
Major Shareholders
Shareholders
After IPO
Number of Shares
(mln)
Ownership (%)
National Aviation Services Co.
49.34
28.88%
Kingdom Holding Co.
46.88
27.44%
Nasser Ibrahim Rashid Al-Rashid
11.16
6.53%
