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  • 31-07-21

    Saudi burger chain plans as share offering next month

    (MENAFN)Saudi burger chain Burgerizzr aims as share offering in October with the aim of listing on the Tadawul’s parallel stock market Nomu in September.

    It is Saudi Arabia’s largest burger chain and has over 80 outlets across the Kingdom, according to Burgerrizr.

    The company aims to offer 725,000 shares, showing 29 percent of its SR25 million capital, it said in its prospectus.

    It also added that the subscription period is going to be from August 15 through August 23, as the final allocation of the offering shares will be proclaimed on September 1, 2021.

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