The Saudi Arabia Capital Market Authority approved AlManhal Company’s application to register and offer 900,000 shares, representing 15 percent of its share capital, on the Parallel Market. The offering is limited to Qualified Investors as defined in the Capital Market Authority’s glossary of defined terms. A prospectus will be published sufficiently in advance of the start of the offering. The approval means the application met the legal requirements under the Capital Market Law and its implementing regulations, and does not constitute a recommendation to invest. Prospective Qualified Investors are expected to conduct their own due diligence and, if needed, consult an authorized financial advisor before making an investment decision. The approval remains valid for six months from the Capital Market Authority Board resolution dated 29 June 2026. It will lapse if the offering and listing are not completed within that period.
Saudi Arabia Capital Markets Authority2026-06-30
Saudi Arabia Capital Market Authority approves AlManhal Company offer of 900,000 shares equal to 15 percent of capital on the Parallel Market
The Saudi Arabia Capital Market Authority approved AlManhal Company’s registration and offer of 900,000 shares, or 15 percent of its capital, on the Parallel Market. The offer is restricted to Qualified Investors, and the approval only confirms legal requirements were met. It is valid for six months from 29 June 2026 and will be cancelled if the offering and listing are not completed in time.