Lock-up period for Al-Dawaa major shareholders ends today

14/09/2022 Argaam Special

Logo of Al-Dawaa Medical Services Co. (DMSCO)


The lock-up period imposed on Al-Dawaa Medical Services Co.’s (DMSCO) major shareholders ends today, Sept. 14 – six months after its shares were listed on the Saudi Exchange (Tadawul) on March 14, 2022.

 

The lock-up was imposed on the major shareholders, who own a total of 64.80% of the company’s capital.

 

These shareholders may now dispose of their shares without the need to obtain prior approval from the Capital Market Authority (CMA).

 

Company's Shareholders

Shareholders

Number of shares

(mln shares)

Stake (%)

Mawarid Holding Company

29.75

35.00 %

 Prince Turki bin Mohammed bin Fahad bin Abdulaziz

11.73

13.80 %

Mohammed Saad Butti Al-Farraj Al-Subaie

6.80

8.00 %

Abdullah Saad Butti Al-Farraj Al-Subaie

6.80

8.00 %

 

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