Today, subscription to offering of 1.66 million shares of “First ‎Mills” begins in Tadawul

Today, Tuesday, individuals will start subscribing to the shares of First Mills Company in the main market “Tadawul”, which will continue until five o’clock in the evening tomorrow, Wednesday, June 7, when 1.66 million ordinary shares have been allocated, representing 10% of the total shares offered for subscription for individual subscribers as a maximum

It is noteworthy that Al-Ahly Financial, in its capacity as the underwriting manager, financial advisor, director of the institutions’ subscription register and underwriter for the initial public offering of the First Mills Company, announced the successful completion of the process of building the order book for the segment of the participating classes in the company’s shares successfully, and setting the final offering price at 60 riyals per share, with a percentage of Coverage amounted to 68.9 times of the total shares offered.