Logo ofUmm Al Qura for Development Construction
The trading ban on major shareholders of Umm Al Qura for Development and Construction Co. (Masar) expired on Sept. 23, six months after the stock debuted on the Saudi Exchange’s Main Market (TASI) on March 24. 
Major shareholders and related parties, who together hold 66.66% of the company’s capital, had been restricted from selling their shares during the lock-up period.
These shareholders are now allowed to sell their holdings without prior approval from the Capital Market Authority (CMA).
Company Shareholders
Shareholders
After IPO
Number of
Shares(mln)
Ownership (%)
General Organization for Social Insurance
345.98
24.05%
Public Investment Fund
282.30
19.62%
Dallah Al-Baraka Holding Co.
103.11
7.17%
Shareholders acting by agreement
227.47
15.82%
Logo ofUmm Al Qura for Development Construction
The trading ban on major shareholders of Umm Al Qura for Development and Construction Co. (Masar) expired on Sept. 23, six months after the stock debuted on the Saudi Exchange’s Main Market (TASI) on March 24.
Major shareholders and related parties, who together hold 66.66% of the company’s capital, had been restricted from selling their shares during the lock-up period.
These shareholders are now allowed to sell their holdings without prior approval from the Capital Market Authority (CMA).
Company Shareholders
Shareholders
After IPO
Number of
Shares(mln)
Ownership (%)
General Organization for Social Insurance
345.98
24.05%
Public Investment Fund
282.30
19.62%
Dallah Al-Baraka Holding Co.
103.11
7.17%
Shareholders acting by agreement
227.47
15.82%
