ITF

The IPO
Offering

The IPOOffering

The issuance of eighty-five million three hundred and thirty-six thousand eight hundred and fifty-one (85,336,851) new ordinary shares with a nominal value of SAR10 each (the "Shares") (which will represent 11.67% of the Company's share capital after the capital increase) comprising (i) an initial public offering of eighty-one million one hundred and ninety-nine thousand two hundred and ninety-nine (81,199,299) Shares (representing 11.1% of the Company's share capital after the capital increase) for public subscription (the "Offer Shares") and (ii) the allocation of four million one hundred and thirty-seven thousand five hundred and fifty-two (4,137,552) Shares (representing 0.57% of the Company’s share capital after the capital increase) to certain employees of the Company and its subsidiaries in accordance with the terms of the employee IPO grant plan.

Please refer to the Offering’s Prospectus for further details. 

Expected
IPO Timetable

Expected Timetable

ITF Announ- cement

02
September, 2021

Publication of Prospectus and IOC

02
September, 2021

Price Range Announ- cement

14
September, 2021

Start of Participating Parties Book-building

15
September, 2021

Close of Participating Parties Book-building

27
September, 2021

Price Announce- ment

27
September, 2021

Start of Individual Investors Subscription period

29
September, 2021

Last Date of Fund Transfer

30
September, 2021

Close of Individual Investors Subscription period

01
October, 2021

Final allotment of share and notification of excess subscription monies (if any)

04
October, 2021

Refund of excess subscription monies (if any)

05
October, 2021

Start of trading of shares

TBD

Past Events

Upcoming Event

Future Events

Key
Documents

Key Documents

The key Offering document is the Prospectus, which includes information that has been presented in compliance with the Rules of Offering Securities and Continuing Obligations issued by the CMA (as defined in Section 1 ("Definitions and Abbreviations") of the Prospectus). 

The information contained in this Prospectus as at the date hereof is subject to change. Neither the delivery of this Prospectus nor any oral or written information in relation to the Offer Shares is intended to be, nor should be construed as or relied upon in any way as, a promise, affirmation or representation as to future earnings, results or events. 

The Prospectus was approved by the CMA on 30 June 2021.

This Prospectus is an unofficial English translation of the official Arabic Prospectus and is provided for information purpose only. 

The Arabic Prospectus published on the CMA's website (www.cma.org.sa) remains the only official, legally binding version and shall prevail in the event of any conflict between the two languages. 

Media

Media

How To
Subscribe

How to Subscribe

Subscription to the Offer Shares by Individual Investors can be made through the branches of the receiving agents (the "Receiving Agents") listed on pages (X) and (XI) of the Prospectus during the Offering Period or through electronic channels offered by the Receiving Agents to their clients (for further details, please refer to Section ("How to Apply") on page (XX) of the Prospectus.

Financial
Advisors

Financial
Advisors
Financial Advisors, Underwriters and Bookrunners
The Company's advisors in relation to the Offering whose names appear on pages (VII) to (X) of this Prospectus are as follows. 

 

Frequently
Asked Questions

FrequentlyAsked Questions

The shares will be listed on the Saudi Stock Exchange (Tadawul).

All valid applications during the offer period will be treated, and allocated, as disclosed in the prospectus.

Subscription to the Offer Shares is restricted to the following two groups of investors:
(1) Participating Parties (any investor who is approved by the CMA) and
(2) Individual Investors (Saudi Arabian nationals, GCC nationals and foreign residents in Saudi Arabia, with an active bank account or investments portfolio with one of the participating banks), are eligible to subscribe to the Offering.

The Offering’s final price will be set after the bookbuilding is complete.

If there is over-subscription, Individual Investors will get a refund.

Refunds of excess subscriptions will be carried out by Riyad Bank, Saudi National Bank and Bank Aljazira (as the Receiving Agents) no later than without any charges.

There will be no implementation of a lock-up period or restrictions on sale of your shares following listing.

You may direct your IPO-related enquiries to the Receiving Agents, and we also recommend directing your investment-related questions to your financial advisor or bank.

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The following pages contain information relating to a proposed transaction by ACWA Power (the "Company"). This information may not be accessed by residents of certain countries based on applicable securities law regulations.

  • CONTACT INVESTOR RELATIONS
ACWA Power's IR Desk

ACWA Power's IR Desk

IR@acwapower.com

Director – Investor Relation

Mr. Ozgur Serin

Executive Director – Investor Relations

Oserin@acwapower.com

+971 4 364 8369

Senior Manager – Investor Relations

Mr. Zameel Kasim

Senior Manager – Investor Relations

zkasim@acwapower.com

+966 11 283 5546