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Cherry Trading Co. (CHRY) has completed its six-month lock-up period for major shareholders following its listing on the Saudi Stock Exchange (TASI) on December 1, 2025. The restriction, which previously required approval from the Capital Market Authority (CMA) for share sales, now allows Saudi Holding Co.—the largest shareholder—to sell its 68.95% stake freely. The lock-up also governed financing agreements with banks, limiting new share issuance or ownership changes without lender consent. Saudi Holding owned 29.55 million shares (98.5%) pre-IPO, but post-IPO ownership stands at 20.68 million shares (68.95%).
The end of the lock-up period could impact Cherry’s stock liquidity and price stability. Major shareholders selling large blocks of shares may create downward pressure on the stock, especially if market conditions are weak. Traders should monitor trading volumes and Saudi Holding’s actions for signals of potential dilution or strategic exits. The company’s ability to maintain ownership structure and financial stability will also be critical for investor confidence.
For Saudi equity markets, this development highlights the importance of tracking post-IPO corporate governance and shareholder behavior. Investors should watch for any new share offerings or ownership changes that could affect Cherry’s market valuation. The Capital Market Authority’s regulatory oversight will remain key in ensuring compliance with market rules.
