Paper Home debuts on Nomu today

Logo of Paper Home Co.

Paper Home Co. will begin trading on Nomu-Parallel Market today, Sept. 4, with the symbol 9576 and ISIN Code SA15RH5KLK15, at SAR 75 a share.

The stock will have daily and static price fluctuation limits of ±30% and ±10%, respectively.

The Capital Market Authority (CMA) approved, on June 22, the application received from the company to register its shares for direct listing on Nomu.

On July 19, Paper Home announced the registration document for listing its shares on Nomu and set out the pilot price at SAR 75 per share.

This is the 20th listing on Nomu in 2023 – four direct listings and 16 offerings to qualified investors.

Nomu witnessed IPOs of 32 companies last year, divided into 13 direct listings, 18 offerings to qualified investors, and one REIT.

Paper Home listing will bring the total number of companies on Nomu to 65, in addition to Alwaha REIT Fund.

Company Info:

Paper House 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 manufactures paper and corrugated paperboard (cardboard). Its actual and current activity is represented in the manufacturing of carton boxes and 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 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 remaining shareholders.

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