Disclaimer

The following pages contain information relating to the initial public offering and listing of securities issued by Cherry Trading Company (the "Company"). Residents of certain countries may not access the information contained in this section of the Company's website based on the securities laws applicable in those countries.

Please select the country you reside in

Disclaimer

The following pages contain information relating to the initial public offering and listing of securities issued by Cherry Trading Company (the "Company"). Residents of certain countries may not access the information contained in this section of the Company's website based on the securities laws applicable in those countries.

Please select the country you reside in

Disclaimer

The following pages contain information relating to the initial public offering and listing of securities issued by Cherry Trading Company (the "Company"). Residents of certain countries may not access the information contained in this section of the Company's website based on the securities laws applicable in those countries.

Please select the country you reside in

Cherry... A Pioneer in Mobility, Trusted for Four Decades

Cherry Trading Company, The Leading Company in Vehicle Leasing in Saudi Arabia

Cherry... A Pioneer in Mobility, Trusted for Four Decades

Cherry Trading Company, The Leading Company in Vehicle Leasing in Saudi Arabia

Cherry... A Pioneer in Mobility, Trusted for Four Decades

Cherry Trading Company, The Leading Company in Vehicle Leasing in Saudi Arabia

Dynamic picture of a cyclist riding downhill
Dynamic picture of a cyclist riding downhill

In a world characterised by rapid movement and smart mobility, Cherry Trading Company (the “Company” or “Cherry”) stands out as a trusted name in the vehicle leasing sector in the Kingdom. With over four decades of experience and strong relationships with the public and private sectors, the Company offers integrated mobility solutions including long term leasing and short-term rental.

Coach explaining stuff to an athlete

Revenue

0

Million SAR

Net income

0

Million SAR

Total Assets

0

Million SAR

Total Liabilities

0

Million SAR

*As of YE2024

In a world characterised by rapid movement and smart mobility, Cherry Trading Company (the “Company” or “Cherry”) stands out as a trusted name in the vehicle leasing sector in the Kingdom. With over four decades of experience and strong relationships with the public and private sectors, the Company offers integrated mobility solutions including long term leasing and short-term rental.

Revenue

0

Million SAR

Net income

0

Million SAR

Total Assets

0

Million SAR

Total Liabilities

0

Million SAR

*As of YE2024

In a world characterised by rapid movement and smart mobility, Cherry Trading Company (the “Company” or “Cherry”) stands out as a trusted name in the vehicle leasing sector in the Kingdom. With over four decades of experience and strong relationships with the public and private sectors, the Company offers integrated mobility solutions including long term leasing and short-term rental.

Coach explaining stuff to an athlete

Revenue

0

Million SAR

Net income

0

Million SAR

Total Assets

0

Million SAR

Total Liabilities

0

Million SAR

*As of YE2024

Video

Corporate Film

Video

Corporate Film

Video

Corporate Film

/ Vision

To achieve the integration of convenience, flexibility and sustainability

/ Mission

To provide reliable and innovative leasing and rental solutions that enable its public and private sector clients to meet their mobility needs with confidence and efficiency.

Through its extensive fleet and unwavering commitment to operational excellence, the company aims to deliver sustainable, seamless and cost-effective transportation services that empower its customers and stakeholders grow and operate more efficiently.

/ Strategy

The strategy is based on four integrated pillars, including: 

Maximizing growth through a targeted segment strategy

Enhancing fleet optimization and operational efficiency

Strengthening digital and technological capabilities

Financial Strength, Risk Management and Governance

Athlete winning a race
Coach explaining something to an athlete
Concetrated triathlete grayscale

/ Vision

To achieve the integration of convenience, flexibility and sustainability

/ Mission

To provide reliable and innovative leasing and rental solutions that enable its public and private sector clients to meet their mobility needs with confidence and efficiency.

Through its extensive fleet and unwavering commitment to operational excellence, the company aims to deliver sustainable, seamless and cost-effective transportation services that empower its customers and stakeholders grow and operate more efficiently.

/ Strategy

The strategy is based on four integrated pillars, including: 

Maximizing growth through a targeted segment strategy

Enhancing fleet optimization and operational efficiency

Strengthening digital and technological capabilities

Financial Strength, Risk Management and Governance

Athlete winning a race
Coach explaining something to an athlete
Concetrated triathlete grayscale

/ Vision

To achieve the integration of convenience, flexibility and sustainability

/ Mission

To provide reliable and innovative leasing and rental solutions that enable its public and private sector clients to meet their mobility needs with confidence and efficiency.

Through its extensive fleet and unwavering commitment to operational excellence, the company aims to deliver sustainable, seamless and cost-effective transportation services that empower its customers and stakeholders grow and operate more efficiently.

/ Strategy

The strategy is based on four integrated pillars, including: 

Maximizing growth through a targeted segment strategy

Enhancing fleet optimization and operational efficiency

Strengthening digital and technological capabilities

Financial Strength, Risk Management and Governance

Athlete winning a race
Coach explaining something to an athlete
Concetrated triathlete grayscale

Activities

Company activities

Long-Term Lease

This sector serves corporate clients, government entities, and medium-to-large enterprises, offering customised solutions with flexible contracts, including maintenance, insurance, replacement, and regulatory compliance management.

It enables customers to expand their fleet without significant capital investment, with digital fleet management tools.

Short-Term Rental

Daily, weekly and monthly services for individuals and corporate clients, provided through multiple channels, including branches, online platforms and smart applications.

Sales of Motor Vehicles

Used vehicles are sold exclusively from our fleet, offering high-quality vehicles at reasonable prices based on market analysis and vehicle performance data.

Activities

Company activities

Long-Term Lease

This sector serves corporate clients, government entities, and medium-to-large enterprises, offering customised solutions with flexible contracts, including maintenance, insurance, replacement, and regulatory compliance management.

It enables customers to expand their fleet without significant capital investment, with digital fleet management tools.

Short-Term Rental

Daily, weekly and monthly services for individuals and corporate clients, provided through multiple channels, including branches, online platforms and smart applications.

Sales of Motor Vehicles

Used vehicles are sold exclusively from our fleet, offering high-quality vehicles at reasonable prices based on market analysis and vehicle performance data.

Activities

Company activities

Long-Term Lease

This sector serves corporate clients, government entities, and medium-to-large enterprises, offering customised solutions with flexible contracts, including maintenance, insurance, replacement, and regulatory compliance management.

It enables customers to expand their fleet without significant capital investment, with digital fleet management tools.

Short-Term Rental

Daily, weekly and monthly services for individuals and corporate clients, provided through multiple channels, including branches, online platforms and smart applications.

Sales of Motor Vehicles

Used vehicles are sold exclusively from our fleet, offering high-quality vehicles at reasonable prices based on market analysis and vehicle performance data.

Strengths

Our Strengths

Strengths

Our Strengths

Strengths

Our Strengths

Leadership in an Evolving Market

Leading car leasing company in the Kingdom.

Accelerated growth supported by Vision 2030 and increased demand for government and private rental services.

Diverse fleet composed of cars, trucks and equipment with access to 80 % of the local market for long‑term leasing.

Integrated and Profitable Business Model

Stable revenues from long-term contracts worth SAR 1.2 billion.

Strong profit margins (EBITDA Margin 49.6% in 2024) (Net Income Margin 13.9% in 2024).

Integration of long-term leasing and short-term rental to maximize fleet value.

Smart Infrastructure and Comprehensive Coverage

The Company integrated infrastructure comprising a central workshop, eight regional fixed-location workshops and 21 mobile service units and 27 branches across the Kingdom.

Telematics technology for predictive repair.

Digital platforms for leasing services and fleet management.

Strategic Partnerships and Customer Trust

An approved supplier to government entities and major companies.

Growing market share in the leasing sector representing 8.8% in 2024 (7.7% in 2023), with a presence in major cities such as Riyadh, Jeddah, Khobar, Abha and others.

Over 40 years of experience in managing mega contracts.

Experienced Leadership and Financial Solvency

A management team with extensive experience in the mobility sector.

Financial strength with a share capital of SAR 300 million and a stable return on equity of 12.3%, and a backlog in the long-term leasing contract valued excluding tax at SAR 1.2 billion for 2024.

Smart Mobility Solutions Designed to Meet Requirements

We provide long-term leasing solutions for government entities and major companies which includes services such as maintenance and insurance.

For individual customers, we offer short-term rentals through easy-to-use digital platforms.

Leadership in an Evolving Market

Leading car leasing company in the Kingdom.

Accelerated growth supported by Vision 2030 and increased demand for government and private rental services.

Diverse fleet composed of cars, trucks and equipment with access to 80 % of the local market for long‑term leasing.

Integrated and Profitable Business Model

Stable revenues from long-term contracts worth SAR 1.2 billion.

Strong profit margins (EBITDA Margin 49.6% in 2024) (Net Income Margin 13.9% in 2024).

Integration of long-term leasing and short-term rental to maximize fleet value.

Smart Infrastructure and Comprehensive Coverage

The Company integrated infrastructure comprising a central workshop, eight regional fixed-location workshops and 21 mobile service units and 27 branches across the Kingdom.

Telematics technology for predictive repair.

Digital platforms for leasing services and fleet management.

Strategic Partnerships and Customer Trust

An approved supplier to government entities and major companies.

Growing market share in the leasing sector representing 8.8% in 2024 (7.7% in 2023), with a presence in major cities such as Riyadh, Jeddah, Khobar, Abha and others.

Over 40 years of experience in managing mega contracts.

Experienced Leadership and Financial Solvency

A management team with extensive experience in the mobility sector.

Financial strength with a share capital of SAR 300 million and a stable return on equity of 12.3%, and a backlog in the long-term leasing contract valued excluding tax at SAR 1.2 billion for 2024.

Smart Mobility Solutions Designed to Meet Requirements

We provide long-term leasing solutions for government entities and major companies which includes services such as maintenance and insurance.

For individual customers, we offer short-term rentals through easy-to-use digital platforms.

Leadership in an Evolving Market

Leading car leasing company in the Kingdom.

Accelerated growth supported by Vision 2030 and increased demand for government and private rental services.

Diverse fleet composed of cars, trucks and equipment with access to 80 % of the local market for long‑term leasing.

Integrated and Profitable Business Model

Stable revenues from long-term contracts worth SAR 1.2 billion.

Strong profit margins (EBITDA Margin 49.6% in 2024) (Net Income Margin 13.9% in 2024).

Integration of long-term leasing and short-term rental to maximize fleet value.

Smart Infrastructure and Comprehensive Coverage

The Company integrated infrastructure comprising a central workshop, eight regional fixed-location workshops and 21 mobile service units and 27 branches across the Kingdom.

Telematics technology for predictive repair.

Digital platforms for leasing services and fleet management.

Strategic Partnerships and Customer Trust

An approved supplier to government entities and major companies.

Growing market share in the leasing sector representing 8.8% in 2024 (7.7% in 2023), with a presence in major cities such as Riyadh, Jeddah, Khobar, Abha and others.

Over 40 years of experience in managing mega contracts.

Experienced Leadership and Financial Solvency

A management team with extensive experience in the mobility sector.

Financial strength with a share capital of SAR 300 million and a stable return on equity of 12.3%, and a backlog in the long-term leasing contract valued excluding tax at SAR 1.2 billion for 2024.

Smart Mobility Solutions Designed to Meet Requirements

We provide long-term leasing solutions for government entities and major companies which includes services such as maintenance and insurance.

For individual customers, we offer short-term rentals through easy-to-use digital platforms.

Chairman's Message

It is with great pride and honour that I address you today to announce a historic milestone in the journey of Cherry, which intends to offer 9,000,000 shares for public subscription and list the Company's shares on the Main Market, “Tadawul.” Since its inception, our vision has always been based on solid principles: the trust we have earned through years of commitment, the quality of our services and solutions, and continuous innovation in developing the mobility experience.

Today, this step marks the culmination of a journey filled with achievements. We have strengthened our leadership in the car rental sector by offering flexible and innovative mobility solutions that meet the needs of the public and private sectors alike. Our unique operating model has enabled us to expand our operations, while investing in technology and sustainability to enhance the customer experience and drive transformation in the sector. I can only extend my sincere thanks and gratitude to everyone who has contributed to Cherry's success today, including loyal customers, dedicated employees, and supportive partners, in light of the favourable investment environment provided by Saudi Vision 2030.

Chairman of the Board of Directors

Riyadh Ibrahim Rumayzan AlRumayzan

Chairman's Message

It is with great pride and honour that I address you today to announce a historic milestone in the journey of Cherry, which intends to offer 9,000,000 shares for public subscription and list the Company's shares on the Main Market, “Tadawul.” Since its inception, our vision has always been based on solid principles: the trust we have earned through years of commitment, the quality of our services and solutions, and continuous innovation in developing the mobility experience.

Today, this step marks the culmination of a journey filled with achievements. We have strengthened our leadership in the car rental sector by offering flexible and innovative mobility solutions that meet the needs of the public and private sectors alike. Our unique operating model has enabled us to expand our operations, while investing in technology and sustainability to enhance the customer experience and drive transformation in the sector. I can only extend my sincere thanks and gratitude to everyone who has contributed to Cherry's success today, including loyal customers, dedicated employees, and supportive partners, in light of the favourable investment environment provided by Saudi Vision 2030.

Chairman of the Board of Directors

Riyadh Ibrahim Rumayzan AlRumayzan

Chairman's Message

It is with great pride and honour that I address you today to announce a historic milestone in the journey of Cherry, which intends to offer 9,000,000 shares for public subscription and list the Company's shares on the Main Market, “Tadawul.” Since its inception, our vision has always been based on solid principles: the trust we have earned through years of commitment, the quality of our services and solutions, and continuous innovation in developing the mobility experience.

Today, this step marks the culmination of a journey filled with achievements. We have strengthened our leadership in the car rental sector by offering flexible and innovative mobility solutions that meet the needs of the public and private sectors alike. Our unique operating model has enabled us to expand our operations, while investing in technology and sustainability to enhance the customer experience and drive transformation in the sector. I can only extend my sincere thanks and gratitude to everyone who has contributed to Cherry's success today, including loyal customers, dedicated employees, and supportive partners, in light of the favourable investment environment provided by Saudi Vision 2030.

Chairman of the Board of Directors

Riyadh Ibrahim Rumayzan AlRumayzan

CEO's message

At Cherry, we have always dedicated our efforts to building a flexible, innovative, and customer-centric business model. Today, we are translating years of hard work into an achievement that maintains our position at the forefront. Today, we announce the beginning of a new phase in Cherry's history, building on a solid foundation of providing mobility solutions that efficiently meet the aspirations of individuals, corporate and government entities. We have invested in smart platforms and digital transformation to enhance the customer experience and ensure operational efficiency.

Our ambition knows no limits, with every achievement, we set our sights on greater horizons. We are ready to lead this transformation based on ambitious expansion plans in new markets, an integrated service portfolio that includes long-term leasing and short-term rental, and a distinguished team that prioritises customer satisfaction. We will continue to operate with complete transparency and professionalism, and we will continue to develop our standards to achieve sustainable growth.

CEO

Abdulaziz Saleh Mohammed Alsowail

CEO's message

At Cherry, we have always dedicated our efforts to building a flexible, innovative, and customer-centric business model. Today, we are translating years of hard work into an achievement that maintains our position at the forefront. Today, we announce the beginning of a new phase in Cherry's history, building on a solid foundation of providing mobility solutions that efficiently meet the aspirations of individuals, corporate and government entities. We have invested in smart platforms and digital transformation to enhance the customer experience and ensure operational efficiency.

Our ambition knows no limits, with every achievement, we set our sights on greater horizons. We are ready to lead this transformation based on ambitious expansion plans in new markets, an integrated service portfolio that includes long-term leasing and short-term rental, and a distinguished team that prioritises customer satisfaction. We will continue to operate with complete transparency and professionalism, and we will continue to develop our standards to achieve sustainable growth.

CEO

Abdulaziz Saleh Mohammed Alsowail

CEO's message

At Cherry, we have always dedicated our efforts to building a flexible, innovative, and customer-centric business model. Today, we are translating years of hard work into an achievement that maintains our position at the forefront. Today, we announce the beginning of a new phase in Cherry's history, building on a solid foundation of providing mobility solutions that efficiently meet the aspirations of individuals, corporate and government entities. We have invested in smart platforms and digital transformation to enhance the customer experience and ensure operational efficiency.

Our ambition knows no limits, with every achievement, we set our sights on greater horizons. We are ready to lead this transformation based on ambitious expansion plans in new markets, an integrated service portfolio that includes long-term leasing and short-term rental, and a distinguished team that prioritises customer satisfaction. We will continue to operate with complete transparency and professionalism, and we will continue to develop our standards to achieve sustainable growth.

CEO

Abdulaziz Saleh Mohammed Alsowail

Members

Board of Directors

Riyadh Ibrahim
Rumayzan AlRumayzan

Chairman of the Board of Directors

Sultan Mohammed
Abdulrazzaq AlDuwaish

Vice Chairman of the Board of Directors

Abdulaziz Othman
Mohammed AlNasser

Board member

Saleh Abdullah
Saleh AlYahya

Board member

Abdulaziz Saleh
Mohammed AlSowail

Board member and CEO

Members

Board of Directors

Riyadh Ibrahim
Rumayzan AlRumayzan

Chairman of the Board of Directors

Sultan Mohammed
Abdulrazzaq Al-Duweesh

Vice Chairman of the Board of Directors

Abdulaziz Othman
Mohammed Al-Nasser

Board member

Saleh Abdullah
Saleh AlYahya

Board member

Abdulaziz Saleh
Mohammed Al-Suwail

Board member and CEO

The administration

Board members

Riyad Ibrahim
Ramezan Al-Ramezan

Chairman of the Board

Sultan Mohammed
Abdulrazak Al-Duwish

Vice Chairman of the Board

Abdulaziz Othman
Mohammed Al-Nasser

Board member

Saleh Abdullah
Saleh Al-Yahya

Board member

Abdulaziz Saleh
Mohammed Al-Suwail

Board Member

and CEO

Initial public offering

Key Figures of the Initial Public Offering

Initial public offering

Key Figures of the Initial Public Offering

Initial public offering

Key Figures of the Initial Public Offering

Total Number of Company Shares

30 Million

Thirty million (30,000,000) fully paid ordinary shares

Nominal value of the share

10 SAR

Ten (10) Saudi Riyals per share.

Number of ordinary shares offered for subscription

9 Million

The initial public offering of the Company's shares includes nine million (9,000,000) ordinary shares, representing 30% of the Company's capital after the offering.

Total Number of Company Shares

30 Million

Thirty million (30,000,000) fully paid ordinary shares

Nominal value of the share

10 SAR

Ten (10) Saudi Riyals per share.

Number of ordinary shares offered for subscription

9 Million

The initial public offering of the Company's shares includes nine million (9,000,000) ordinary shares, representing 30% of the Company's capital after the offering.

Total Number of Company Shares

30 Million

Thirty million (30,000,000) fully paid ordinary shares

Nominal value of the share

10 SAR

Ten (10) Saudi Riyals per share.

Number of ordinary shares offered for subscription

9 Million

The initial public offering of the Company's shares includes nine million (9,000,000) ordinary shares, representing 30% of the Company's capital after the offering.

Market

Main Market: Saudi Tadawul

Market

Main Market: Saudi Tadawul

Market

Main Market: Saudi Tadawul

Initial public offering

Expected Offering Timetable

Initial public offering

Expected Offering Timetable

Initial public offering

Expected Offering Timetable

Subscription collection

/

01

Bidding and Book-Building Period for Participating Parties

  • A period of five (5) days commencing on Sunday, 4 Jumada al-Ula 1447H (corresponding to 26 October 2025G), until the end of Thursday, 8 Jumada al-Ula 1447H (corresponding to 30 October 2025G).

/5 days/

Subscription collection

/

01

Bidding and Book-Building Period for Participating Parties

  • A period of five (5) days commencing on Sunday, 4 Jumada al-Ula 1447H (corresponding to 26 October 2025G), until the end of Thursday, 8 Jumada al-Ula 1447H (corresponding to 30 October 2025G).

/5 days/

Subscription collection

/

01

Bidding and Book-Building Period for Participating Parties

  • A period of five (5) days commencing on Sunday, 4 Jumada al-Ula 1447H (corresponding to 26 October 2025G), until the end of Thursday, 8 Jumada al-Ula 1447H (corresponding to 30 October 2025G).

/5 days/

application

/

02

Deadline for Submission of Subscription Application Forms Based on the Number of the Offer Shares Provisionally Allocated for the Participating Entities

  • Thursday, 15 Jumada al-Ula 1447H (corresponding to 6 November 2025G).

/day/

application

/

02

Deadline for Submission of Subscription Application Forms Based on the Number of the Offer Shares Provisionally Allocated for the Participating Entities

  • Thursday, 15 Jumada al-Ula 1447H (corresponding to 6 November 2025G).

/day/

application

/

02

Deadline for Submission of Subscription Application Forms Based on the Number of the Offer Shares Provisionally Allocated for the Participating Entities

  • Thursday, 15 Jumada al-Ula 1447H (corresponding to 6 November 2025G).

/day/

Subscription

/

03

Subscription Period for Individual Subscribers

  • A period of two (2) days commencing on Wednesday, 21 Jumada al-Ula 1447H (corresponding to 12 November 2025G) until the end of Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/2 days/

Subscription

/

03

Subscription Period for Individual Subscribers

  • A period of two (2) days commencing on Wednesday, 21 Jumada al-Ula 1447H (corresponding to 12 November 2025G) until the end of Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/2 days/

Subscription

/

03

Subscription Period for Individual Subscribers

  • A period of two (2) days commencing on Wednesday, 21 Jumada al-Ula 1447H (corresponding to 12 November 2025G) until the end of Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/2 days/

Payment

/

04

Deadline for Payment of the Subscription Amount by Participating Entities Based on their Provisionally Allocated Offer Shares

  • Monday, 19 Jumada al-Ula 1447H (corresponding to 10 November 2025G).

/day/

Payment

/

04

Deadline for Payment of the Subscription Amount by Participating Entities Based on their Provisionally Allocated Offer Shares

  • Monday, 19 Jumada al-Ula 1447H (corresponding to 10 November 2025G).

/day/

Payment

/

04

Deadline for Payment of the Subscription Amount by Participating Entities Based on their Provisionally Allocated Offer Shares

  • Monday, 19 Jumada al-Ula 1447H (corresponding to 10 November 2025G).

/day/

The closure

/

05

Deadline for Submission of Subscription Application Forms and Payment of the Subscription Amount by Individual Subscribers

  • Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/day/

The closure

/

05

Deadline for Submission of Subscription Application Forms and Payment of the Subscription Amount by Individual Subscribers

  • Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/day/

The closure

/

05

Deadline for Submission of Subscription Application Forms and Payment of the Subscription Amount by Individual Subscribers

  • Thursday, 22 Jumada al-Ula 1447H (corresponding to 13 November 2025G).

/day/

final allocation

/

06

Announcement of the Final Allocation of the Offer Shares

  • No later than Wednesday, 28 Jumada al-Ula 1447H (corresponding to 19 November 2025G).

/day/

final allocation

/

06

Announcement of the Final Allocation of the Offer Shares

  • No later than Wednesday, 28 Jumada al-Ula 1447H (corresponding to 19 November 2025G).

/day/

final allocation

/

06

Announcement of the Final Allocation of the Offer Shares

  • No later than Wednesday, 28 Jumada al-Ula 1447H (corresponding to 19 November 2025G).

/day/

The refund

/

07

Refund of Excess Subscription Monies (if any)

  • No later than Thursday, 29 Jumada al-Ula 1447H (corresponding to 20 November 2025G).

/day/

The refund

/

07

Refund of Excess Subscription Monies (if any)

  • No later than Thursday, 29 Jumada al-Ula 1447H (corresponding to 20 November 2025G).

/day/

The refund

/

07

Refund of Excess Subscription Monies (if any)

  • No later than Thursday, 29 Jumada al-Ula 1447H (corresponding to 20 November 2025G).

/day/

Trading

/

08

Expected Commencement Date for Trading the Shares on the Exchange

  • Trading of the Company’s Shares on the Exchange is expected to commence after the completion of all of the relevant legal requirements and procedures. The trading commencement date of the Shares will be announced in local newspapers and Tadawul’s website (www.saudiexchange.sa).

Trading

/

08

Expected Commencement Date for Trading the Shares on the Exchange

  • Trading of the Company’s Shares on the Exchange is expected to commence after the completion of all of the relevant legal requirements and procedures. The trading commencement date of the Shares will be announced in local newspapers and Tadawul’s website (www.saudiexchange.sa).

Trading

/

08

Expected Commencement Date for Trading the Shares on the Exchange

  • Trading of the Company’s Shares on the Exchange is expected to commence after the completion of all of the relevant legal requirements and procedures. The trading commencement date of the Shares will be announced in local newspapers and Tadawul’s website (www.saudiexchange.sa).

Initial public offering

Subscription steps

Initial public offering

Subscription steps

Initial public offering

Subscription steps

Files

Important files

Files

Important files

Files

Important files

Intention to float

Intention to float

Intention to float

Facts and figures

Facts and figures

Facts and figures

Price Range

Price Range

Price Range

FAQ

Frequently Asked

What sectors does Cherry Trading Company operate in?

Who can participate in the IPO?

What is the maximum and minimum subscription for individual subscribers?

How will the offering proceeds be used?

When will trading of the Company's shares begin?

Are there any restrictions on selling the Company's shares after the subscription?

FAQ

Frequently Asked

What sectors does Cherry Trading Company operate in?

Who can participate in the IPO?

What is the maximum and minimum subscription for individual subscribers?

How will the offering proceeds be used?

When will trading of the Company's shares begin?

Are there any restrictions on selling the Company's shares after the subscription?

FAQ

Frequently Asked

What sectors does Cherry Trading Company operate in?

Who can participate in the IPO?

What is the maximum and minimum subscription for individual subscribers?

How will the offering proceeds be used?

When will trading of the Company's shares begin?

Are there any restrictions on selling the Company's shares after the subscription?

Financial Advisors, Underwriters, and Bookrunners

Financial Advisors, Underwriters, and Bookrunners

Financial Advisors, Underwriters, and Bookrunners

Lead Manager

Lead Manager

Lead Manager

Media advisor

Media advisor

Media advisor

Receiving Agents

Receiving Agents

Receiving Agents

Cherry has established itself as a leader in smart mobility and rapid transportation, earning a strong and trusted position in the Kingdom’s vehicle rental sector.