The Saudi Arabia Capital Markets Authority has approved Arabian Romoz Company’s application to register and offer 950,000 shares, representing 11.95% of its share capital, on the Parallel Market. The offering will be limited to Qualified Investors as defined in the Capital Market Authority’s regulations and rules. A prospectus will be published sufficiently in advance of the offering. The authority said its approval should not be treated as a recommendation to invest, but only as confirmation that the legal requirements under the Capital Market Law and its implementing regulations have been met. The approval remains valid for six months from the CMA Board resolution date and will be cancelled if the offering and listing are not completed within that period.
Saudi Arabia Capital Markets Authority2026-06-29
Saudi Arabia Capital Markets Authority approves Arabian Romoz offering of 950000 Parallel Market shares to qualified investors
The Saudi Arabia Capital Markets Authority approved Arabian Romoz Company’s application to offer 950,000 shares, equal to 11.95% of its capital, on the Parallel Market. The sale is limited to Qualified Investors, with a prospectus to be published before the offering. The approval lasts six months from the board resolution date and lapses if the offering and listing are not completed in that period.