The Capital Market Authority (“CMA”) announces the issuance of the CMA Board decision dated 21/08/1444 H corresponding to 13/03/2023 AD approving the request of One Investments Company (“the Company”) to register its shares and offer (300,000) shares representing (10%) of its shares in the parallel market. The offering will be limited to the categories of qualified investors stipulated in the list of terms used in the regulations and rules of the Capital Market Authority, and the prospectus will be published well in advance of the start date of the offering.
Qualified investors wishing to purchase the Offered Shares should investigate and study the information disclosed in the Prospectus. If the contents of the Prospectus cannot be understood, it is advisable to consult a licensed financial advisor before making any investment decision.
The CMA’s approval of the application should not be seen as an endorsement of the feasibility of investing in the offering or in the shares of the company concerned, as the CMA’s decision to approve the application means that the statutory requirements under the Capital Market Law and its executive regulations have been complied with.
The Authority’s approval of the application shall be effective for a period of (6) months from the date of the Board’s decision.) The approval shall be considered null and void if the offering and listing of the company’s shares is not completed within this period.