Alinma Bank is one of the receiving banks for the secondary public offering of Saudi Aramco during the period from June 3 to June 5, 2024.
To subscribe to the Offering, eligible investors must have an active current account with the receiving entity and an active investment portfolio with the affiliated capital market institution
To open an account with Alinma Bank (click here).
To open an investment portfolio account with Alinma Investment Company (click here).
For more information about the offering (click here).
Subscription channels at Alinma Bank:
- Alinma App
- Alinma Internet
- Alinma phone
- Alinma ATM
Offer Highlights & Retail Investors FAQs (Click here)
Key Information about Share offering:
|
Tadawul code (symbol) |
2222 |
|
Lead Manager Name |
SNB Capital Company |
|
Company Name |
Saudi Arabian Oil Company ("Saudi Aramco") |
|
Sector |
Oil & Gas |
|
Company Activities/Products |
In accordance with the Bylaws, the main objective of the Company shall be to engage in any activities relating to the energy industry, including hydrocarbons, chemicals and other associated and complementary industries, or any other activity, in or outside the Kingdom |
|
Unit Type (Shares,Sukuk..etc.) |
Shares |
|
Full Offering Size (# Of Units) |
1,545,000,000 |
|
Retail Offering Size “# Of Units” |
154,500,000 |
|
Retail Subscription Price |
SAR 29.00, top end of the price range announced |
|
Minimum, maximum and multiples |
Minimum of 10 shares or a multiple of thereof (i.e. 10, 20, 30, etc.) There is no maximum. |
|
Receiving Agents |
Alinma Bank AlRajhi Bank Arab National Bank Banque Saudi Fransi Riyad Bank Saudi Awwal Bank (SAB) Saudi National Bank (SNB) |
|
Expected Subscription Days |
3 Days |
|
Expected Subscription Date |
9AM (KSAT) 3 June 2024 – 5PM (KSAT) 5 June 2024 |
|
Required active portfolio (Yes/No) |
Yes Please refer to www.aramco.com/share-offering [aramco.com] |