Paper Home issues prospectus for Nomu IPO; price guidance at SAR 75/share

Logo of Paper Home Co.

Paper Home Co. announced the registration document for listing its shares on Nomu-Parallel Market.

The company set the price guidance at SAR 75 per share.

In June, the Capital Market Authority (CMA) approved Paper Home’s application to float its shares on Nomu, Argaam earlier reported.

Trading the company's shares will be limited to qualified investors as defined in the glossary used in CMA's regulations and rules.

The company was established in Al-Kharj in 2014. It is capitalized at SAR 15 million, divided into 1.5 million shares, at a par value of SAR 10 each.

The company's activities are represented in the manufacturing of paper and corrugated paperboard (cardboard). Its actual and current activity is represented in the manufacturing of carton boxes, boxes, in addition to folded and single bags of paper and paperboard.

Company Profile
Company	Paper Home Co.
Market	Nomu-Parallel Market
Core activities	Manufacturing of paper
Status	Active
Capital	SAR 15 mln

Direct Listing Profile
Number of shares	1.5 mln
Share par value	SAR 10.00
Share price guidance upon listing	SAR 75.00
Method of setting share opening price	The opening price of the stock shall be set based on the supply and demand for the stock through the pre-opening auction mechanism. During that period, investors can place buy/sell orders, after which the trading system defines the fair price at which orders are executed after being matched during the auction period. The execution price will be the opening price, with a +/-30% daily fluctuation ratio. The price guidance is considered a reference only for the fair market value, which is the debut price for the first day only.
Qualified investors	- Qualified investors - Current shareholders (except for owners of 5% or more, to whom the lock-up period shall apply).

Company Shareholders
Shareholders	Pre-Direct Listing
Shareholders	Number of shares (‘000)	Ownership (%)
Yaqoub Yusuf Mohamed Almaghrabi*	84.95	5.66%
Faisal Yaqoub Yousuf Almaghrabi	165.01	11.00%
Al-Kharj Investment Co.	905.10	60.34%
Other shareholders not defined as the public (Five shareholders)	44.37	2.96%
The public owning less than 5% (63 shareholders)	300.57	20.04%
Total	1500.00	100.00%

*Chairman Yaqoub Almaghrabi has an indirect ownership of 60.34%, as he owns 100% in Al-Kharj Investment. There is no indirect ownership for the rest of shareholders.

Additional Information
Financial Advisor	Marifa Capital

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