Sheri Trading Starts Trading on Tadawul at 28 SAR/Share

by Michael Brown - Business Editor
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Here’s a short introductory paragraph based on the provided table data:

This table details the shareholding structure of Saudi Management Holding Company, outlining the ownership stakes of major shareholders as of a recent reporting period. Key stakeholders include Saudi Management Holding company itself, with a substantial 98.50% ownership, alongside significant holdings by Abdulaziz Saleh Mohammed Al-Suweil. The data provides a snapshot of the company’s ownership distribution, showing both direct and indirect control within the institution.

Shari Al-Tajer logo


Shares of Shari Al-Tajer are set to begin trading on the Tadawul Main Market today, December 1, 2025, under the ticker symbol 4265 and the international code SA16DGE22KH2, at a price of 28 Saudi Riyals per share.

Daily price fluctuations will be limited to +/- 30% during the first three days of trading, with a fixed limit of +/- 10%. Following this initial period, daily price fluctuation limits will revert to +/- 10%, and the fixed limits will be removed.

This marks the 12th listing on the Tadawul Main Market in 2025, following the initial public offerings of Almosa Health on January 7, Nice One on January 8, Diriya Financial on March 10, Intaj on March 17, Masar on March 24, United Carton Industries on May 27, Nass Air on June 18, Specialty Medical Center on June 25, Al-Andalus Sports in July, Manazel Al-Tasweeq on September 2, and Al-Majidiah on September 10.

In 2024, a total of 13 companies were listed, in addition to one Real Estate Investment Trust (REIT) fund.

With the listing of Shari Al-Tajer, the total number of companies listed on the Tadawul Main Market reaches 244, excluding the 19 listed Real Estate Investment Trusts.

The company offered 9 million shares for public subscription, representing 30% of its capital of 300 million Saudi Riyals, divided into 30 million shares with a nominal value of 10 Saudi Riyals per share.

The portion of the offering allocated to individual investors was oversubscribed by 647%, with a minimum of 10 shares allocated to each eligible individual subscriber. Remaining shares were allocated on a pro-rata basis, based on the size of each subscriber’s request relative to the total remaining shares, with an average allocation factor of 9.1%. Institutional subscription was covered 85.6 times.









Company Information

Company

Shari Al-Tajer

Business Activity

Car Rental

Company Capital

300 million Riyals

Number of Shares

30 million shares

Nominal Value per Share

10 Riyals per share






Major Shareholders

Shareholders

Before the Offering

After the Offering

Number of Shares


(million shares)

Ownership Percentage

Number of Shares


(million shares)

Ownership Percentage

Saudi Management Holding Company

29.55

98.50%

20.68

68.95%

Abdulaziz Saleh Mohammed Al-Suweil

0.45

1.50%

0.32

1.05%

Public

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