Logo ofRasan Information Technology Co.
The lock-up period on Rasan Information Technology Co.’s major shareholders ended today, Dec. 12, six months after its shares listed on the Saudi Exchange (Tadawul) on June 13, 2024.
The lock-up was imposed on the major shareholder owning 47.26% 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 (%)
Impact Funds Company for Financial Technology
9.90
13.06%
Theeb Hudayban Ghallab Al-Motairi
7.51
9.91%
Mohaidib Ali Mohammed Al-Mohaidib
6.51
8.58%
Samer Mohammed Raslan
5.00
6.60%
Mohammed Mohaidib Ali Al-Mohaidib
3.50
4.62%
Impact Asset Preservation CIT Company
3.40
4.49%
Logo ofRasan Information Technology Co.
The lock-up period on Rasan Information Technology Co.’s major shareholders ended today, Dec. 12, six months after its shares listed on the Saudi Exchange (Tadawul) on June 13, 2024.
The lock-up was imposed on the major shareholder owning 47.26% 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 (%)
Impact Funds Company for Financial Technology
9.90
13.06%
Theeb Hudayban Ghallab Al-Motairi
7.51
9.91%
Mohaidib Ali Mohammed Al-Mohaidib
6.51
8.58%
Samer Mohammed Raslan
5.00
6.60%
Mohammed Mohaidib Ali Al-Mohaidib
3.50
4.62%
Impact Asset Preservation CIT Company
3.40
4.49%
